All Types of Forms Related to PAN Inquiries

PAN card is the mandatory document for the Indian citizen. It is required to be produced for all government and non-government dealings. Applicant has to fill in the details in the prescribed forms and submit it duly filled with all the necessary documents attached. Different types of forms are there for different applicants and the for varied cause. 

Here is the list of forms that are related to PAN Inquiries:

1. Form 49 A: Application for allotment of Permanent Account Number for Indian residents. Any individual who is resident of India and wishes to apply for PAN should compulsorily fill form 49A as it is the application form. After filling this form, the applicant can make the online payment and submit the form with the required documents and photographs. This form is neatly structured into different sections for making it easy for the customers to fill it. Full name, abbreviation of the name, gender, date of birth, address etc such details have to be filled and submitted.

2. Form 49AA: Foreign residents and entities incorporated outside India are eligible for PAN. Form 49AA is the application form for allotment of PAN for foreign residents and entities incorporated outside India. This form is divided into 17 components, each with a different attribute. Full name, abbreviation name, gender, date of birth, telephone number, KYC details etc should be filled before submitting this form. This form needs to be filled only in English language, no other language is allowed.

3. Form for changes or correction in PAN data: This online application form is to make corrections or change if any to the existing PAN card details. One has to select ‘PAN correction’ option from the application type drop down and then fill the personal details. After submitting visitor will be directed to new page and a token number will be generated and displayed to the applicant and will be sent to the mail address of applicant for reference purpose. Fill all the details of corrections and then submit it. For offline method, the individual has to submit the PAN correction form with the nearest NSDL collection Centre and also fill a letter with the jurisdiction assessing officer.

4. Form 49 B: In case the address of the applicant changes to different city and the new address falls under different Regional Computer Centre of Income Tax department, then the applicant needs to apply for the new TAN in form 49 B. This form should be legibly filled in ENGLISH in BLOCK letters and each box should contain only one character (alphabet/ number/punctuation mark) leaving a black after each word.

By Alankit Group

Everything you want to know about PAN card for NRIs

If NRI has a taxable income, then it is mandatory for him/her to have PAN card. As per the latest rule of SEBI, if NRI is not having PAN card he cannot do share trading by depository or broker.

Also, the card is compulsory for NRI if he/she wants to invest in mutual funds in India. If NRI wishes to purchase some land or property in India then also it is mandatory to have PAN card issue by the Government of India.

Following are the steps for application of PAN card:

• First visit the site http://tin.tin.nsdl.com/pan/ 
• Form 49AA (link given in the above site). A qualified financial investor should male application through depositor participant only.
• Once the online filling of form is done and submitted, a confirmation screen will appear and complete date filled will be showcased. Any changes to be made in the application can be done after editing it and then submitting it afterwards.
• Once you hit submit button, you will get online acknowledgement receipt. It is better to take print of this receipt for future record.
• Paste the two recent passport size photographs in space provided in acknowledge. See to it that the specifications meet the requirements laid down by IT department of India.
• The signature made or thumb impression embossed should be done in specific box only. Failing to this your application will be rejected.
• Attach necessary document along with application like 2 color photographs with white background, demand draft etc.

Procedure for making payment:

If you have any communication address in India then that can also be provided but for some payment
Processing fee should be paid along with service tax Payment can be made in any form – debit card, credit card, Demand draft, net banking except cash deposit.

If communication is outside India, then payment can be made only by debit/credit card or Demand draft should be drawn in favor of NSDL- PAN, payable at Mumbai (Mention application number on the reverse of Demand draft.)

Amount of 962 INR has to be paid – and this comprises of application fee, tax and postage.
Only 99 specific countries as mentioned in the site can avail this service.

The acknowledgement, demand draft if any and proofs should reach NSDL within 15 days from the date of online application. Applications received with demand draft or cheque as mode of payment shall be processed only on receipt of relevant proofs and realization of payment.

Some of Do’s and Don’ts while filling online application

Do’s
Fill the application using blank ink and fill it in block letters.
Signature should be made in the given box only and not on the photograph.
See that correct AO code is given
See that name given on POI and POA should match the name given in the application
If applicant is minor then his/her representative should also submit POA and POI

Don’ts
Do not overwrite or make corrections in the application form
Photographs are not to be attached using pins or staples
After signing, do not write place or date underneath the sign
Do not apply for PAN card, if you already have one