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arunachalpradesh.gov.in How to Apply for PAN Arunachal Pradesh

Organization : Government of Arunachal Pradesh
Facility : How to apply for PAN
Home Page : http://arunachalpradesh.gov.in
Details Here : https://www.statusin.in/uploads/22637-apply-for-pan.pdf

How to Apply for PAN :

Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department of Government of India.

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It is a unique identification of every tax payer and permanent in nature or issued once to a single person.

Why it is needed :
** Under Section 139A (5) (c), it is also compulsory to quote PAN in all documents pertaining to financial transactions notified from time-to-time by the Central Board of Direct Taxes (CBDT).

** Some such transactions are sale and purchase of immovable property or motor vehicle or payments in cash, of amounts exceeding Rs. 25,000/- to hotels and restaurants or in connection with travel to any foreign country.

** It is also mandatory to mention PAN for obtaining a telephone or cellular telephone connection. Likewise, PAN has to be mentioned for making a time deposit exceeding Rs. 50,000/- with a Bank or Post Office or depositing cash of Rs. 50,000/- or more in a Bank.

** It is also used in the form of identity card of any individual.

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Who must have a PAN :
** Under Section 139A (1) and (1A), all existing assesses or taxpayers or persons who are required to furnish a return of income, even on behalf of others, must obtain PAN.

** Under Section 139A (5) (c), any person, who intends to enter into financial transaction where quoting PAN is mandatory, must also obtain PAN.

** Under Section 139A (2) and (3), the Assessing Officer may allot PAN to any person either on his own or on a specific request from such person.

Necessary Documents to be attached :
** PAN application should be made only on Form 49A.
** You have to attach two recent colour stamp size photographs.
** You have to give Left Hand Thumb impression on the application form which will be affixed.

** You have to attests the form by a Magistrate or a Gazetted Officer, under official seal and stamp.
** Copy of electricity bill or the telephone bill should be attached with the form.
** You have to attach the Photocopy of Depository account or credit card or bank account with the application form.

** You need to attach the Photocopy of your Educational Qualifications with the form.
** You need to attach the Photocopy of Ration card with the form.
** Photocopy of Voter identity card is also needed for the purpose.

** Attach the Photocopy of Driving license with the form.
** You have to attach the Certificate of address signed by a MP/MLA/a Gazetted officer with the form

Categories: Arunachal Pradesh
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