ABOUT NEW PAN CARD

PAN stands for Permanent Account Number, which is a unique 10-digit alphanumeric identifier assigned by the Indian government’s Income Tax Department. PAN cards are issued to individuals, entities, and companies for various financial transactions such as opening a bank account, investing in securities, and filing income tax returns.

To apply for a PAN card, an individual or entity must fill out and submit an application form along with the necessary documents, such as proof of identity, proof of address, and proof of date of birth (if applicable). The application can be submitted online or at a PAN card center.

Once the application is processed and approved, the PAN card is issued and sent to the applicant’s address. It is essential to keep the PAN card safe and secure, as it is an important document that is required for many financial transactions in India. In case of loss or damage to the card, it can be reissued by applying for a duplicate PAN card.

ABOUT MINOR PAN CARD

A minor PAN card is issued to individuals who are under the age of 18 years. The process of applying for a minor PAN card is similar to that of a regular PAN card, with a few additional requirements.

To apply for a minor PAN card, the applicant must provide the following documents:

Proof of identity of the minor: This can be a birth certificate, passport, or any other valid document that proves the identity of the minor.

Proof of identity of the parent or guardian: The parent or guardian who is applying on behalf of the minor must provide their own proof of identity, such as a PAN card, passport, or voter ID.

Proof of address: The parent or guardian must also provide a valid proof of address, such as a utility bill, bank statement, or passport.

Photograph: A recent passport-size photograph of the minor is required.

Declaration by the parent or guardian: The parent or guardian must also sign a declaration stating that the information provided in the application is true and correct.

It is important to note that a minor PAN card is valid only until the minor turns 18 years old. Once the minor reaches the age of 18, they can apply for a regular PAN card using the same PAN number.

ABOUT CORRECTION PAN CARD

A Correction PAN Card is issued when there are errors or discrepancies in an individual’s existing PAN card data, such as the name, date of birth, or photograph. It is important to ensure that the details on the PAN card are accurate, as any errors can lead to issues with financial transactions or filing of income tax returns.

To apply for a Correction PAN Card, an individual must follow these steps:

Visit the NSDL or UTIITSL website and download the PAN card correction application form.

Fill out the application form with the correct details and provide the necessary supporting documents.

Submit the application form and documents at the nearest NSDL or UTIITSL TIN Facilitation Centre, or online through the NSDL or UTIITSL website.

Pay the applicable fee for the correction PAN card.

Once the application is processed, the corrected PAN card will be issued and sent to the applicant’s address.

It is important to note that the process and documents required for a Correction PAN Card may vary depending on the type of correction required. For example, a change in name may require additional documents such as a marriage certificate or gazette notification. It is advisable to check the NSDL or UTIITSL website for specific requirements before applying for a Correction PAN Card.