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.
Categories: Economy & Banking Current Affairs