PAN & TAN Application
PAN & TAN Application
The Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) are essential identification numbers issued by the Income Tax Department of India, each serving a specific purpose in tax compliance and financial transactions. PAN is a unique 10-digit alphanumeric identifier allotted to individuals, companies, firms, and other entities. It is mandatory for various financial activities, including filing income tax returns, opening bank accounts, purchasing property, and conducting high-value transactions. PAN helps the government track and monitor taxable financial transactions, ensuring transparency and preventing tax evasion.
PAN Card Application
A Permanent Account Number (PAN) card is a key identification document issued by the Income Tax Department of India, containing a unique 10-character alphanumeric code. It is mandatory for individuals, companies, NRIs, and foreign nationals who engage in financial activities within India.
The PAN card includes important personal or business details such as the cardholder’s name, father’s name, date of birth (for individuals), or date of incorporation (for companies), along with the assigned PAN number.
- This document is essential for:
- Filing income tax returns
- Opening bank accounts
- Registering a company
- Undertaking high-value financial transactions
- Getting utility connections or making property deals
At Stride Tax, we simplify the PAN card application process, whether you prefer the online or offline route. Our experts ensure accurate form submission and quick processing, saving you time and avoiding unnecessary errors.
Apply for your PAN card with ease and confidence—choose Stride Tax for a smooth, reliable experience.
What is PAN Card?
A PAN (Permanent Account Number) card is an official document issued by the Indian Income Tax Department in accordance with the Income Tax Act, 1961. It contains a unique 10-character alphanumeric code that is automatically generated by a computer and assigned exclusively to each individual or entity. This identification number remains valid for the lifetime of the holder and plays a vital role as a key identifier in financial dealings and tax-related processes across India. The PAN card is essential for tracking financial transactions and ensuring compliance with tax regulations.
Who can Apply for a PAN Card
Eligibility for obtaining a PAN card covers a wide range of individuals and entities involved in financial transactions or tax obligations in India, including:
Individuals: All Indian citizens can apply for a PAN card, regardless of age or employment status. For minors, applications must be submitted by their parents or legal guardians.
Companies: Any company registered within India, regardless of its size or business type, must have a PAN.
Non-Resident Indians (NRIs): NRIs who earn taxable income in India or participate in transactions requiring a PAN are eligible to apply.
Foreign Nationals: Foreigners conducting business or financial activities that require a PAN in India can also apply.
Partnership Firms and LLPs: Partnership firms and Limited Liability Partnerships operating in India must obtain a PAN for taxation purposes.
Trusts, Associations, and Other Entities: Trusts, clubs, associations, and other non-individual organizations involved in economic activities in India are likewise eligible to get a PAN card.