Details

Permanent Account Number (PAN) is a unique 10-digit alphanumeric code issued by the Income Tax Department of India. It serves as an essential identification number for individuals, businesses, and other entities for tax-related transactions and financial activities. eFiling Guru provides seamless PAN registration services, making it easy to obtain your PAN card without any hassle.

Eligibility for PAN Registration

PAN registration can be done by:

1. Individuals: Indian citizens, including minors and students.

2. Companies: Indian companies, foreign companies operating in India, and other corporate entities.

3. Firms/Partnerships: Partnerships, LLPs, and associations of persons (AOPs).

4. Trusts and Societies: Charitable trusts, NGOs, and societies.

5. Foreign Nationals: Non-resident Indians (NRIs) and foreign nationals engaged in business or professional activities in India.

Benefits of PAN Registration

• Identity Proof: Serves as a valid proof of identity for various financial transactions.

• Tax Filing: Mandatory for filing income tax returns and paying taxes.

• Financial Transactions: Required for opening bank accounts, purchasing property, and conducting high-value transactions.

• Avoiding Tax Deductions: Prevents higher TDS rates by linking PAN with bank accounts.

• Business Operations: Essential for obtaining GST registration and conducting business in India.

Our PAN Registration Process

eFiling Guru ensures a smooth and hassle-free PAN registration process:

1. Document Collection: Gather required documents such as Aadhaar card, proof of address, passport-size photographs, and company incorporation documents (for businesses).

2. Form Submission: Fill out the PAN application form (Form 49A for Indian citizens and Form 49AA for foreign nationals) with accurate details.

3. Document Verification: Verify the documents and submit them to the Income Tax Department.

4. Application Tracking: Track the application status and keep you updated at every stage.

5. PAN Card Issuance: Receive the PAN card physically or digitally within the stipulated time.

Post-Registration Compliance

After obtaining the PAN card, the following must be ensured:

• Linking PAN with Aadhaar: Mandatory as per government regulations.

• Updating PAN Details: Keep the PAN details updated in case of address or name changes.

• Filing Income Tax Returns (ITR): Use PAN while filing ITR and paying taxes.

• Quoting PAN: Use the PAN number for all financial and high-value transactions as mandated by the Income Tax Act.

eFiling Guru offers professional assistance with PAN registration and post-registration compliance, ensuring a hassle-free experience.