PAN Card on the Name of Business (Proprietorship)

Individual and  proprietorship firm are the same person. The same PAN shall be used for proprietorship firm.

a big NO...

but you can apply for correction in PAN card data...
 

PAN card can be issued to individual name not proprietorship firm. U can hav number of proprietorship firm but PAN will be one only.

totally agree with Mr. M.M.Surana

Your individual PAN will be the PAN of your Proprietorship business as because there is no distinction between the proprietor and his proprietorship business.

NO

As I am a Company-How to find whether the PAN Card Holder is the Owner of the Proprietorship business

since the PAN No. is Manadatory for Normal Rate of TDS

Anybody's Pan No. can be given for Properiatorship business and avoid 20% TDS deduction

Originally posted by : karan
	As I am a Company-How to find whether the PAN Card Holder is the Owner of the Proprietorship business since the PAN No. is Manadatory for Normal Rate of TDS Anybody's Pan No. can be given for Properiatorship business and avoid 20% TDS deduction

However there are many things, you can check with.. but if you have doubt just ask for copy of last ITR... match the sign as printed on PAN card.. :)

Originally posted by : karan
	As I am a Company-How to find whether the PAN Card Holder is the Owner of the Proprietorship business since the PAN No. is Manadatory for Normal Rate of TDS Anybody's Pan No. can be given for Properiatorship business and avoid 20% TDS deduction

Dear Karan I totally agree with Dasrath.

I case of doubt apart from ITR U can also ask for a photostat of the PAN CARD 

Prior to that U can always check the PAN No. by ur self....

PAN  is a 10 digit alpha numeric number  which is designed as follows  

1st 5 digits should be alpha then next 4 digits should be numeric there after the last one should be alpha.

Again the 1st 5 alpha number should either starts with A, B or C. Apart from these three alphabets the Income Tax Department has not till date used any other alphabets as the 1st alphabet on PAN.

Again the 4 alphabet confirms the status of the Pan holder whether individual, Huf, Partnership, Company etc...

The following alphabets would be there in case of the following entity...

P = Individual

C= Company

H= Huf

F=Partnership Firm

The 5 letter is always the 1 digit of the name of the PAN holder in all cases except for individual.

In case of individual it will be the 1st digit of the surname....

Again in case of HUF the 5th digit would be the 1st digit of the first name of the karta.

Hope now U will be able to find out....

no u can not apply for a new pan in the name of proprietorship. 

PAN in the name of business can be applied only in the case of partnership firm, not for any other person in the person definition under section 2.

Individual and  proprietorship firm are one and the same person. The same PAN for other proprietorship shall not be granted as it will amount to fraud on part of the PAN holder.

An individual can have number of proprietorship firm but PAN will be one only for all firms.  PAN card will be issued in individual name not proprietorship firm.