PAN Application procedure Changed from February 3, 2014

The procedure for PAN allotment process will undergo a change with effect from February 3, 2014.

• Applicants for Permanent Account Numbers (PAN) will have to produce original documents of proof of identity, address and date of birth for verification at the time of applying.
• Copies of proof of identity, address and date of birth attached with PAN application forms will be checked against their original documents when applications are submitted at PAN facilitation centres.
• Original documents shall not be retained by the PAN Facilitation Centres and will be returned back to the applicant after verification.
• An applicant can obtain a PAN card by paying a fee of Rs 85, plus service tax, in cash at the facilitation centre.

Note: PAN is a 10-digit alphanumeric number issued in the form of a laminated card by the Income Tax department to any person or entity applying for it or to whom the department has allotted a number without an application.

Month: Current Affairs - January, 2014