{"id":24920,"date":"2023-07-02T23:48:31","date_gmt":"2023-07-02T18:18:31","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=24920"},"modified":"2024-04-05T12:37:24","modified_gmt":"2024-04-05T07:07:24","slug":"process-for-acquire-pan-card","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/process-for-acquire-pan-card\/","title":{"rendered":"PROCESS FOR ACQUIRE PAN CARD"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d8c825d1111\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d8c825d1111\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/process-for-acquire-pan-card\/#PROCESS_FOR_ACQUIRE_PERMANENT_ACCOUNT_NUMBER_CARD\" title=\"PROCESS FOR ACQUIRE PERMANENT ACCOUNT NUMBER CARD\">PROCESS FOR ACQUIRE PERMANENT ACCOUNT NUMBER CARD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/process-for-acquire-pan-card\/#OFFLINE_PROCESS_OF_PAN_APPLICATION\" title=\"OFFLINE PROCESS OF PAN APPLICATION\u00a0\">OFFLINE PROCESS OF PAN APPLICATION\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/process-for-acquire-pan-card\/#ONLINE_PROCESS\" title=\"ONLINE PROCESS\">ONLINE PROCESS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/process-for-acquire-pan-card\/#Import_Things_to_considered\" title=\"Import Things to considered\u00a0\">Import Things to considered\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/process-for-acquire-pan-card\/#The_penalty_of_Rs_10K_for_not_linking_Pan_with_Aadhar\" title=\"The penalty of Rs. 10K for not linking Pan with Aadhar\">The penalty of Rs. 10K for not linking Pan with Aadhar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/process-for-acquire-pan-card\/#Important_Update\" title=\"Important Update\u00a0\u00a0\">Important Update\u00a0\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h3><a style=\"font-size: 16px;\" href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/09\/download-3-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-8322\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/09\/download-3-1.jpg\" alt=\"www.carajput.com;PAN Online\" width=\"905\" height=\"678\" \/><\/a><\/h3>\n<p><span style=\"color: #ffffff;\">www.carajput.com; PAN Online<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"PROCESS_FOR_ACQUIRE_PERMANENT_ACCOUNT_NUMBER_CARD\"><\/span><span style=\"color: #000080;\"><strong>PROCESS FOR ACQUIRE PERMANENT ACCOUNT NUMBER CARD<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>There is 2 way to get PAN Card.i.e.<\/p>\n<ol>\n<li><a href=\"https:\/\/www.onlineservices.nsdl.com\/paam\/endUserRegisterContact.html\"><strong>National Securities depository Limited (NSDL)<\/strong><\/a>: www.tin-nsdl.com<\/li>\n<li><a href=\"https:\/\/www.pan.utiitsl.com\/PAN\/\"><strong>UTI infrastructure technology &amp; services ltd. (UTIITSL)<\/strong><\/a>::www.utiitsl.com<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"OFFLINE_PROCESS_OF_PAN_APPLICATION\"><\/span><span style=\"color: #000080;\"><strong>OFFLINE PROCESS OF PAN APPLICATION\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Download the application form from the NSDL\/UTIITSL website.<\/li>\n<li>Complete the form, and attach the supporting documents for POI\/POA.<\/li>\n<li>Submit the duly filled form with NSDL\/UTIITSL.<\/li>\n<li>You will receive your PAN Card within 15 working days.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"ONLINE_PROCESS\"><\/span><span style=\"color: #000080;\"><strong>ONLINE PROCESS<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Visit the website .i.e.:\u00a0<a href=\"https:\/\/www.onlineservices.nsdl.com\/paam\/endUserRegisterContact.html\">NSDL<\/a>\u00a0\/\u00a0<a href=\"https:\/\/www.pan.utiitsl.com\/PAN\/\">UTIITSL<\/a>.<\/li>\n<li>Fill out the online application form.<\/li>\n<li>Processing fees to be paid by using Net Banking\/Debit credit card\/Demand draft.<\/li>\n<li>After processing fees are paid then the final page contains a 15 digit Acknowledgment number.<\/li>\n<li>After receiving the acknowledgment number, one should send them to NSDL along with form 49A within 15 working days.<\/li>\n<li>When verification is done PAN Card number is generated by NSDL.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Import_Things_to_considered\"><\/span><span style=\"color: #000080;\"><strong>Import Things to considered\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>When a person who is engaged in any of the above transactions is a MINOR &amp; has no taxable income, he\/she should state the father\/mother\/guardian PAN Card information.<\/li>\n<li>Anyone not holding a PAN Card and entering into transactions in which PAN is mandatory\u00a0shall fill out Form No. 60 according to Rule 114B of Income Tax Act, 1962.<\/li>\n<\/ul>\n<p><em><u>\u00a0<strong>Note:<\/strong> PAN Card details are required for source tax deduction i.e. The aggregation of TDS or Tax at source i.e. TCS, as described in section 139 [5b &amp; 5c].<\/u><\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_penalty_of_Rs_10K_for_not_linking_Pan_with_Aadhar\"><\/span><span style=\"color: #000080;\">The penalty of Rs. 10K for not linking Pan with Aadhar<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>If you do not link your Permanent Account Number to your Aadhaar card within the March 31 deadline, the income tax department may impose a penalty of as much as Rs. 10K for using an inoperative Permanent Account Number.<\/li>\n<li>The income tax department had previously stated that all unlinked PAN cards would be considered &#8220;inoperative&#8221; and now a new notice has been released stating that certain Permanent Account Number cardholders would face consequences for failure to supply PAN under the Income Tax Act.<\/li>\n<li>As per Section 272B of the Income Tax Act, when a Permanent Account Number becomes inoperative, it would be presumed that PAN has not been furnished\/quoted as prescribed by law and that a penalty of Rs. 10K will apply.<\/li>\n<li>Using the PAN card as ID proof for non-tax-related reasons such as opening a bank account or applying for a driving license does not incur a penalty,<\/li>\n<li>In the case of individual transactions, the liability would be imposed on all other instances, i.e. the assessee will have to pay the penalty on any possible non-compliance with the actual transaction.<\/li>\n<li>An Issue may emerge if the bank account opened with an inoperative PAN has activities that put it under income tax jurisdiction. For eg, whether you need to deposit or withdraw cash over Rs.50K Pan is necessary.<\/li>\n<li>Rajput Jain &amp; Associates, Chartered Accountant, said that in view of the penalty provisions laid down in Section 272B.<\/li>\n<li>Inoperative Permanent Account Number would relate to the non-furnishing and non-quotation of PAN, which is mandatory pursuant to section 139A of the Act. Section 272B(1), for non-compliance, carries a penalty of Rs. 10K.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Important_Update\"><\/span><span style=\"color: #000080;\">Important Update\u00a0\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-24921\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/07\/pAN.jpg\" alt=\"PERMANENT ACCOUNT NUMBER CARD\" width=\"832\" height=\"1127\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/07\/pAN.jpg 832w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/07\/pAN-221x300.jpg 221w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/07\/pAN-756x1024.jpg 756w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/07\/pAN-768x1040.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/07\/pAN-800x1084.jpg 800w\" sizes=\"(max-width: 832px) 100vw, 832px\" \/><\/p>\n<ul>\n<li>if you link your Permanent Account Number and Aadhaar, the PAN will become active and there will be no fines applied after the linking date.<\/li>\n<li>Many with inoperative PAN cards must bear in mind that they do not need to reapply for a new PAN card as once the transfer is completed the Permanent Account Number card becomes usable again.<\/li>\n<\/ul>\n<p><em>Central Board of Direct Taxes<\/em> has made Instant PAN allotment in near to real-time available at free of cost. Individuals (other than minors) with a valid Aadhaar number (with an updated Mobile No) can avail of the PAN allotment facility.<\/p>\n<p>More read for related blogs are:<\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/publications\/all-the-provision-of-taxation-of-income-from-capital-gains.pdf\">All about the Income taxation on capital gain<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/archives\/summary-of-provision-of-capital-gains-charts-under-the-income-tax-1961.pdf\">Provision-of-capital-gains-charts<\/a><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/govt-needed-to-introduce-changes-in-nps-in-budget-2021\/\">Govt\u00a0 needed to introduce\u00a0 changes\u00a0 in NSP Budget 2021<\/a><\/strong><\/li>\n<li><a href=\"https:\/\/carajput.com\/publications\/all-the-provision-of-taxation-of-income-from-capital-gains.pdf\">All about the Income taxation on capital gain\u00a0<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/learn\/deductions-under-section-80ccd-of-income-tax-act.html\">Deduction u\/s 80CCD of Income Tax Act, 1961<\/a><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/publications\/all-the-provision-of-taxation-of-income-from-capital-gains.pdf\">All about the Income taxation on capital gain\u00a0<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/delay-in-the-deposit-of-employer-provident-fund-during-lock-down-will-not-levy-any-penalty\/\">Delay in the deposit of Employer provident fund during the lockdown<\/a><\/strong><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/get-aware-for-penalty-of-section-234f-for-late-filing-of-itr\/\"><strong>Aware of the penalty of Section-234f for late filing of ITR<\/strong><\/a><\/li>\n<li><span style=\"text-decoration: underline;\"><strong style=\"color: #0000ff; text-decoration: underline;\"><em><a style=\"color: #0000ff; text-decoration: underline;\" href=\"https:\/\/carajput.com\/blog\/what-is-the-process-of-applying-instant-free-pan-through-aadhaar-e-kyc-fm-launches\/\">What is the process of applying instant free pan through adhaar e-KYC<\/a><\/em><\/strong><\/span><\/li>\n<li><strong><em><a href=\"https:\/\/carajput.com\/blog\/basic-of-aadhar-card-significance-process-aadhaar-linking-with-pan\/\"><span style=\"color: #0000ff;\">Basic of aadhar card significance process aadhaar linking with PAN<\/span><\/a><\/em><\/strong><\/li>\n<\/ul>\n<p><strong>Contact Us<\/strong><\/p>\n<p>For query or help, contact: <a href=\"mailto:singh@carajput.com\">singh@carajput.com<\/a> or call at \u00a09555555480 Get in touch with us today to find out more about the services we offer! Call us at +91-9555 555 480. We also offer Taxation compliance &amp; <a href=\"https:\/\/carajput.com\/services\/permanent-account-number-pan.php\">Registration<\/a> services!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>www.carajput.com; PAN Online PROCESS FOR ACQUIRE PERMANENT ACCOUNT NUMBER CARD There is 2 way to get PAN Card.i.e. National Securities depository Limited (NSDL): www.tin-nsdl.com UTI infrastructure technology &amp; services ltd. (UTIITSL)::www.utiitsl.com OFFLINE PROCESS OF PAN APPLICATION\u00a0 Download the application form from the NSDL\/UTIITSL website. Complete the form, and attach the supporting documents for POI\/POA. Submit &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10055],"tags":[2303],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24920"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=24920"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24920\/revisions"}],"predecessor-version":[{"id":26385,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/24920\/revisions\/26385"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=24920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=24920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=24920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}