PAN - Permanent Account Number is the figure that can be used for numerous account purposes and for income tax act requirement. This number makes your identify being used in several places. As per the section 139A under Indian Income Tax Act, 1961, it is mandatory to apply by every resident citizens of India. Through the same PAN number, Income tax department can easily find all the details about income tax and other income details about the PAN account holders.
PAN comprises of unique 10-digit alphanumeric number where you can also find holder's Date of Birth, Name of Person, Passport Size Photograph and Father's Name. Under the CBDT - Central Board for Direct Taxes of India, this PAN card plays a vital role while proving your identity at various places including paying of income tax, sale or purchase of immovable and movable property, obtaining telephone connection, while applying for bank loans, while applying for visa or passport purposes, while investment in financial assets and for bank loans, payment of any challans under income tax department, while investment in stocks and bonds and under many institutes and government departments this PAN card has been played a vital role being used as identity proof.
Business Query Form
Here our legal department of 365companies.com, offers complete services in pan registration where our attorneys and legal adviser will file your pan application and will also apply for pan registration in India on your behalf under precise and worthy pan registration services. Here, you can also chose an option of pan registration online that you can avail from any of the remote location.