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pan card

(Guest)

dear friends

plz tell me how i can use my pan card and on which site and for which purposes.

thanks & regards

tarun rustagi

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3 Replies

Shyam Lal Naik (Service) (6158 Points)
Replied 12 June 2010

Pan card basically is an identification document. This is the identification number in Income Tax Department's database.

Now a days, other departments are also basing their registrations on PAN. For example : PAN based Service tax and central Excise number.

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Aditi Ahuja (Financial Advisor) (106 Points)
Replied 30 December 2019

It's a Permanent Account Number, that is compulsory KYC nowadays, when you go for a account opening. It is mandate by income tax department so that their IT department can track the transaction of any individual or any of any business entity.

You may apply for a PAN card online from NSDL site. A brief descripttion to apply for PAN card online here that you may follow: https://www.bajajfinserv.in/insights/how-to-apply-pan-card-online

Akib Ahmed (Consultant) (2 Points)
Replied 09 July 2020

PAN stands for Permanent Account Number, and it is a ‘must-have’ document in India, especially if you are earning money and need to pay taxes. Most of the people avail it for filing Income Tax Returns (ITRs).

If you are running a business you must need a PAN, especially for banking purposes. PAN issued by Income Tax Department of India.

This will help you step by step process to apply for a PAN online: https://blissna.com/how-can-you-apply-for-a-pan-card-online/