Permanent Account Number (PAN) is a ten-digit alphanumeric number, for eg. AAAAA0000A, issued in the form of a laminated card, by the Indian Income Tax Department, to any “person” who applies for it or to whom the department allows the number without an application.
Online application of PAN can be made on the NSDL website OR UTIITSL website.
Submit the PAN card application Form 49A available on the NSDL.
Payment of application fee can be made through credit/debit card, demand draft or net-banking.
Once the application and payment are accepted, the applicant is required to send the supporting documents through courier/post to NSDL.
Upon the receipt of documents, PAN application is processed by NSDL and PAN is issued.
PAN enables the department to link all transactions of the “person” with the department. These transactions include tax payments, TDS/TCS credits, returns of income/wealth/gift, specified transactions, correspondence, and so on. PAN, thus, acts as an identifier for the “person” with the tax department.
Tax Deduction Account Number or Tax Collection Account Number is a 10 -digit alpha-numeric number issued by the Income-tax Department. TAN is to be obtained by all persons who are responsible for deducting tax at source (TDS) or who are required to collect tax at source (TCS).
An application for TAN could be made by submitting form 49B at TIN* facilitation centers. Find your nearest TIN facilitation centre with biometric-based facility. TAN is allotted to applicants by income tax department. TAN could be applied by making an online application or in person by visiting the income tax department. Application for TAN can be made using form 49B.In case of in-person applications, there’s no need of furnishing any supporting documents to the Department.
However, in case of an online application, an acknowledgement which is received after the application has been submitted in form 49B needs to be furnished to the department as a proof. *TIN – Tax Information Network
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