17 March 2012
My client has been allotted a PAN. All the details mentioned on the PAN card are correct but when I submit those details on Income Tax site to get that PAN registered it shows that first name does not match with Income Tax Department's data. How can I solve this matter. Plz reply as soon as possible.
In PAN application, it says what you want on PAN Card about name then we as general practice use abbreviation of name e.g. if applicant name is Ram Kumar Sah and he made application with this name but on his PAN card if he give option to print RAM Sah, then on the basis of PAN card you can not know the actual name wish was in PAN databas i.e. Ram Kumar Sah.
How will you solve my case if my client name is Manju Mundhra and she has requested the same name to be printed on the PAN card. And on her PAN card Manju Mundhra is printed but on submitting all the details on income tax site it shows that her First Name doesn't match.
27 March 2012
IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies.
An application for grant of IEC number shall be made by the Registered/Head Office of the applicant and apply to the nearest Regional Authority of Directorate General Foreign Trade, the Registered office in case of company and Head office in case of others, falls in the ‘Aayaat Niryaat Form - ANF2A’ and shall be accompanied by documents prescribed therein. In case of STPI/ EHTP/ BTP units, the Regional Offices of the DGFT having jurisdiction over the district in which the Registered/ Head Office of the STPI unit is located shall issue or amend the IECs.
Only one IEC would be issued against a single PAN number. Any proprietor can have only one IEC number and in case there are more than one IECs allotted to a proprietor, the same may be surrendered to the Regional Office for cancellation.
The application can be download Form in PDF or Word. This is called "Aayaat Niryaat Form - ANF2A". Along with IEC Code Number Application Form it is necessary to submit Appendix-18B Attested by Applicant's Banker in his letter head with two passport size photo).
Application Fee For IEC Code Number
Application Fee : Rs 250.00 Mode of Payment : In Demand Draft/ Pay Order from any designated bank in favour of Zonal Joint Director General of Foreign Trade or Payment through EFT ( Electronic Fund Transfer by Nominated Bank by DGFT Like HDFC Bank, ICICI Bank, State Bank of India, UTI Bank, Punjab National Bank, Central Bank etc) or Application fee can deposited by TR6 Challan with Duplicate Copy in any branch of Central Bank of India and TR6 Challan need to be submit along with IEC Code Application.
Specified fee shall be paid for making an application under any provision of the Policy and Handbook of Procedure Volume-I.. The scale of fee, mode of payment, procedure for refund of fee and the categories of persons exempted from the payment of fee are contained in Appendix-21B.
Following documents required with IEC applications:
1. Pay Order No.???? Dated ??????? for Rs.250.00 of ..??? Bank Name with Address..??... in favor of “JDGFT, C.L.A.” towards application fee. 2. Board Resolution in favor of undersigned for signing the application. 3. Part – A duly filled & signed on each page. 4. Part – B duly filled & signed as Bank Certificate. 5. Part – D duly filled & signed on each page 6. Self certified copy of PAN No. 7. Self certified copy of Memorandum & Articles of Association. 8. Self-addressed envelope pasted with Rs.30.00 postal stamps towards Speed Post. 9. Self attested copy of Rent Agreement / Telephone Bill / Electricity Bill etc. as proof of Branch office address ????. (if any)