A registered charitable society initially applied for a PAN card under the 'AOP' category, but were later informed this might prevent tax exemptions and 12A registration. They were advised to apply as an 'AJP' (Artificially Juridic Person) instead. Experts clarified that the initial 'AOP' PAN is correct and can be used to apply for 12A registration. If the society's incorporation date changes after registration, an amendment to the existing PAN card is necessary.
We are a charitable & welfare association (regd under Society regn Act 1860). We applied for a PAN card under the category of 'AOP',the closest category to our status,we thought, in Form 49A and received the PAN. But our a/c says with this PAN,you can NOT claim any Tax exemptions available to a Society nor can we apply for 12 A regn ! We are told that we should apply for a PAN under the category of 'AJP' ie 'Artificially Juridic Person' instead ! We are confused and worried about receiving the wrong PAN again ! Are we really an 'AJP' ? Kindly advise !
19 February 2021
Sir, that means there is difference between PAN of an AOP with Society Regn and an AOP with out Society Regn , although 4th digit of PAN in both cases is ‘A’ ! Thks in advance !
21 February 2021
Dear Sir, Apologies first for another clarification pl ! We got a PAN allotted as an AOP last year. This year we registered ourselves as a 1860 Society. 1. How do we change our status in the IT data base from an unregistered Association in to a Society registered under 1860 Act ? 2. Our date of Incorporation has now changed(due to the new registration as an 1860 Society) and would this necessitate a correction to our old PAN Card ?
21 February 2021
Thks Sir, before applying for the new Trust PAN, , do we have to return the old AOP PAN or we can return the old one immediately after receiving the new one ! Tom
10 March 2021
Dear Sir, Apologies first for still another clarification pl ! We got the PAN allotted as an AOP last year. This year we registered ourselves as a 1860 Society. 1. How do we change our status in the IT data base from an unregistered Association in to a Society registered under 1860 Act ? 2. Our date of Incorporation would have now changed(due to the new registration as an 1860 Society) and wouldn’t this necessitate a correction to our old PAN Card ?