The Income-tax Department vide its Notification No 58/2011 [F.NO 133/48/2011-SO(TPL)]/S.O.2468(E) DTD 29-10-2011, has notified New PAN Card Applications Form 49A & 49AA. Form 49A is applicable for Indian Citizens/Indian Companies/Entities Incorporated in India/Unincorporated Entities formed in India. Click here to download new Form 49A Form 49AA is applicable for Indian Citizens not being a Citizen […]
New PAN Application notified Read More »
i. All existing assesses or taxpayers or persons who are required to furnish a return of income, even on behalf of others, must obtain PAN. ii. Any person carrying on any business or profession whose total sales, turnover or gross receipts are or is likely to exceed five lakh rupees in any previous year; iii. Any person,
Who must have a PAN? Read More »
Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, to any “person” who applies for it or to whom the department allots the number without an application. PAN enables the department to link all transactions of the “person” with the department. These transactions include tax payments,
