The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of Permanent Account Number (PAN) where the transactions exceed a specified limit. Persons who do not hold PAN are…
W.e.f. 01-Jun-15, PAN & TAN application fees have been revised as given below: 1.For dispatch of PAN card in India:- Rs. 106 (inclusive of service tax). 2.For dispatch of PAN card outside India: – Rs. 985 (inclusive of service tax). 3.For TAN applications:- Rs. 63 (inclusive of service tax) Google Plus Google Community Facebook Twitter
There are many persons from whom I have received query regarding how to know the AO code. Below I am sharing you a link through which you can know your AO code and PAN no. You just need to provide your name, DOB and your father name for this. Know Your Pan/ AO Must Read…
PAN is an alphanumeric number which contains 10 characters. First five characters are alphabetic, then 4 are digits and the last one is also alphabetic. It can be divided into five parts: First three characters are alphabetic series running from AAA to ZZZ. Fourth character of PAN represents identity of PAN owner as follows: C…
PAN is required to pay income tax. Service tax and excise registration can be obtained only if one has PAN. All documents related to financial transactions. Sale and purchase of immovable property. Purchase of any motor vehicle. For depositing cash more than INR 50,000 in bank account or post office. For term deposit (FD) of…
What is PAN? PAN (Permanent Account Number) is a 10 digit alphanumeric code allotted by Income Tax Dept. to the taxpayers. This PAN identifies in whose account Tax has been paid. While making payment of Tax, it is necessary to quote PAN. It is issued in the form of a card (laminated). First 5 characters…