A PAN card is now a mandatory document that is used for every financial transaction. Every business entity is required to have a PAN Card. Companies and organizations that are operating in India even if they have a head office overseas are required to have a PAN Card for operating the business. For small to big businesses, the PAN Card has been made mandatory. In this article, we will discuss how to apply for a PAN card as a company, the documents required, etc.
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Organization Required with PAN Card
Indian Government has regulated under the Income Tax Act that a PAN Card is mandatory for the business or organization that are doing business in India. A Foreign company who has offices in India is also required to have a PAN Card. Any business body who are generating Income from India is required to have the PAN Card. There are different types of organizations that are required to have the PAN Card. Companies or organization that are required to register for PAN Card are as follows-
- Corporates
- Companies
- Firms
- LLC
- LLP
- Partnerships
- Sole proprietorship
- Trusts
- Incorporations
- Limited companies
- Private firms
- Associations
- Foreign institutional investors
- Hedge funds
Document Required for Company PAN Card
Address Proof
- Company Bank Statement with the company name and full current address for communication mentioned
- Electricity Bill
- Property Tax Assessment
Identity Proof
- A copy of the Certificate of Incorporation
- A copy of the Business Registration Certificate
- A copy of the Articles of incorporation
Steps for Applying for PAN Card
You can apply for PAN Card in India using both online as well as offline methods.
Online Company PAN Application
- PAN card can be applied on NSDL Website or UTIITSL website which is authorized by the Government of India
- Fill the form 49A that with your details and click on Submit button
- A new window with disclaimer will be prompted which where you can see the token number. Copy the token number to use for finding the PAN Status
- Select the type of PAN Card to be company/ Firm or the type of organization your company belongs and start filling the form with accurate details
- Now click on the Continue with PAN application button
- Now you will be provided with three options
- Submit using e-KYC and e-Sign
- Submit scanned images using e-sign
- Forward application document physically
- Choose the appropriate one, the recommended one is using the e-KYC method as it is the easiest
- After selecting the document option filling of the application will be continued
- Click next and further fill the form
- Select the AO using the below provided AO selector
- Now you have to pay for the PAN card using the debit/ Credit Card, Net Banking or Demand Draft
- The fee associated with the PAN Application is Rs.93 (excluding GST) and for foreign address, the fee is Rs.864/-
- The application for the PAN Card has been initiated and you will receive the update for the PAN online, SMS and email. You can track for the PAN Card using the temporary token number
Offline Company PAN Application
Offline application of the PAN Card can be used by following methods-
- You need to download the PAN Card application from UTIITSL or NSDL website and take a printout of the document
- Fill the form and attach the required document and prepare it for posting
- Send the application to the respective address –
NSDL Office Address
Income Tax PAN Services Unit,
NSDL e-Governance Infrastructure Limited,
5th Floor, Mantri Sterling,
Plot No. 341, Survey No. 997/8,
Model Colony, Near Deep Bungalow Chowk,
Pune – 411 016
UTIITSL Office Address
PAN PDC Incharge – Mumbai region
UTI Infrastructure Technology And Services Limited, Plot No. 3, Sector 11, CBD Belapur, Navi Mumbai – 400614
PAN PDC Incharge – Kolkata region
UTI Infrastructure Technology And Services Limited, 29, N. S. Road, Ground Floor, Opp. Gilander House and Standard Chartered Bank, Kolkata – 700001
PAN PDC Incharge – Chennai region
UTI Infrastructure Technology And Services Limited, D- 1, First Floor, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai – 600032
PAN PDC Incharge – New Delhi region
UTI Infrastructure Technology And Services Limited, 1/28 Sunlight Building, Asaf Ali Road, New Delhi – 110002
I’m Shiv Kumar, a graduate with a passion for finance, marketing, and technology. My journey into finance started with a desire to understand money management and investing.
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