1. Build your Credit Score
2. Reduce your Current Borrowing / EMI Costs
An individual who wants to apply for PAN can complete the application process by filling up Form 49A. The only eligibility criterion for filling up Form 49A is that the applicant should be an Indian citizen. Form 49A can be downloaded from the NSDL or UTIITSL e-Governance official website. After filling up the application form, the applicant is required to submit copies of the required documents and photographs to the Income Tax Department.
Form 49A has sixteen components and each component has a subsection which needs to be filled out. The form has allotted spaces where the applicant is required to attach their photograph.
Assessing officer code
The applicant has to mention area code, accounts office number and type and range code in this section.
Name
The applicant is required to mention his/her first name, middle name, last name and their marital status in this section.
Abbreviation of the name
In this section, the applicant can mention the abbreviation that they wish to appear on their PAN card.
Other names
If the applicant was ever officially known by another name, they can mention the first name, middle name and last name in this section
Gender
The applicant has to specify their gender status in this section
Date of Birth
The individual applicant is required to mention their date of birth and for companies and organizations, they need to indicate their date of incorporation/partnership
Father's Name
The applicant also has to mention his/her father's full name. This section is applicable for all the individuals applying for PAN, including women who are married.
Address
The applicant entity/individual is required to fill their residential address in this section.
Address of communication
After the PAN card is dispatched, the officers from the PAN center communicate with the applicant through one of the addresses provided by the applicant. There are two types of residence details that need to provided by the applicant- office and residence. The applicant can choose the address of communication.
Telephone number and email ID The applicant is also required to provide their contact details like their telephone number and email ID. It is necessary to provide the country code and state code while providing the telephone number in the application.
Status of the applicant The applicant has to mention the type of entity in this section. They are required to indicate whether he/she is an individual, HUF, company or a Limited Liabilities Partnership, etc
Registration number The applicant entity is needed to provide the details on their Registration Certificate in this section. The Certificate of registration issued to the entity through the authorities has the registration number in it.
Aadhar number If the individual owns an Aadhar card, they are required to mention their Aadhar number in the application
Sources of income If the applicant has invested in mutual funds or has a property on lease, then they need to mention the sources through which they are accruing income
Representative Assessee The applicant is required to provide contact details like address and telephone number of the representative assessee
Documents submitted The applicant is required to mention the documents that are submitted by him/her like identification and address proof in the PAN application form