PAN Card for Association of Person for flat maintenance

We have 8 flat in our premises. We had opened a bank account as XXX Flat Maintenance but now bank is asking for PAN Card. We are also not registered as Co-operative society and we do not have any by laws or registered association. then how to apply for PAN Card or Under which act i have to register.

Replies (2)
Quick Summary
This discussion addresses the need for a PAN card for a flat maintenance association that currently operates without formal registration or bylaws. The advice suggests applying for a PAN card under the 'Association of Persons' (AOP) category, potentially by creating a Memorandum of Understanding (MOU). It also briefly mentions the possibility of establishing a cooperative society via the MCA website.

Make MOU of the association and apply PAN under AOP.

U can established coporative society by registering on MCA website

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