PAN Registration Services

Q: Who is required to have a PAN in India?

Every person with taxable income, required to file returns, or party to prescribed financial transactions — including all individuals, HUFs, companies, firms, and trusts. Mandatory for income above exemption limit, businesses above ₹5 lakh turnover, and importers/exporters.

Q: What is the consequence of having an inoperative PAN?

TDS/TCS at double rate or 20% (whichever higher); inability to file ITR or receive refunds. Reactivate by completing Aadhaar linking on the income tax portal after paying ₹1,000 fee.

Q: Can a minor have a PAN?

Yes. Applied by parent or guardian where minor has taxable income from investments or inherited property. Common for opening investment accounts or receiving scholarship income above the exemption limit.

Q: What documents are required for PAN application by an individual?

Form 49A: identity proof, address proof, DOB proof, and photograph. Aadhaar serves as all three simultaneously. Foreign nationals (Form 49AA): passport as ID and DOB proof; foreign address proof apostilled or notarised.

Q: What is the penalty for holding two PANs?

₹10,000 penalty under Section 272B. Surrender the duplicate PAN via NSDL or UTIITSL correction request, retaining the PAN used for all past transactions.

Permanent Account Number Application for Individuals, Companies, Firms, HUFs, Trusts, and Foreign Nationals in India

A Permanent Account Number (PAN) is a unique 10-digit alphanumeric identifier issued by the Income Tax Department of India to every taxpayer. It is mandatory for filing income tax returns, opening bank accounts, investing in mutual funds and securities, purchasing or selling property, and almost every significant financial transaction in India. PAN serves as the primary identifier linking a taxpayer's financial activities to their income tax records.

PAN is required not just for individuals but for all entities — companies, firms, LLPs, HUFs, trusts, and even foreign nationals who have taxable income in India or who wish to invest. Our PAN registration service handles new PAN applications, corrections to existing PAN details, and PAN linking requirements. This connects with our TAN registration and income tax filing services.

Our PAN Registration Services

Individual PAN Application

Filing Form 49A for PAN allotment for Indian citizens — including salaried employees, self-employed individuals, students, and minors requiring PAN for financial transactions.

Company & Firm PAN

Filing Form 49A for PAN allotment for companies, partnership firms, LLPs, and other entities — using the Certificate of Incorporation or Partnership Deed as the primary documentation.

HUF PAN Application

Filing Form 49A for PAN allotment for a Hindu Undivided Family (HUF) — a separate PAN distinct from the Karta's individual PAN — required for HUF income tax filing and banking.

Foreign National PAN (Form 49AA)

Filing Form 49AA for PAN allotment for foreign nationals, foreign companies, and other foreign entities having taxable income in India or making investments in Indian securities.

PAN Correction & Update

Filing correction requests for errors in existing PAN records — name spelling, date of birth, address, father's name, or photograph — to ensure PAN details match current identity documents.

PAN-Aadhaar Linking

Assisting with mandatory PAN-Aadhaar linking on the income tax portal — linking that was required by 30 June 2023, with PAN now inoperative for those who have not linked.

Key Facts About PAN

PAN is mandatory for any income tax filing — every individual, HUF, company, and firm must have a PAN
PAN is required for all financial transactions above ₹50,000 including cash deposits, FD opening, and property purchase
PAN-Aadhaar linking was mandatory by 30 June 2023 — unlinked PANs are inoperative and attract higher TDS deduction
An individual can hold only one PAN — holding more than one PAN is a penalty-attracting offence under Section 272B
Companies receive PAN automatically through the SPICe+ incorporation process
Foreign nationals require Form 49AA with passport and foreign address proof apostilled or notarised
PAN allotment typically takes 7 to 15 working days after successful application

Frequently Asked Questions

Who is required to have a PAN in India?

Every person who has taxable income in India, who is required to file an income tax return, or who is a party to a prescribed financial transaction must have a PAN. This includes all resident and non-resident individuals, HUFs, companies, firms, trusts, and other entities. Specific categories required to mandatorily obtain PAN include: persons whose income exceeds the basic exemption limit; businesses with turnover above ₹5 lakh; importers and exporters; persons making payments above prescribed thresholds; and any person required to file a return or furnish information to the income tax department.

What is the consequence of having an inoperative PAN?

A PAN that has not been linked to Aadhaar (for resident individuals who are required to link) is treated as inoperative. Consequences of an inoperative PAN include: TDS/TCS at double the applicable rate or 20% (whichever is higher); inability to file income tax returns; inability to receive tax refunds; and higher TDS deduction on all income. The PAN can be reactivated by completing the Aadhaar linking on the income tax portal after paying the applicable fee of ₹1,000.

Can a minor have a PAN?

Yes. A PAN can be obtained for a minor child where required — for example, when the minor has taxable income from investments, gifts, or inherited property that must be reported. The PAN application for a minor is filed by a parent or guardian. Common scenarios requiring minor PAN include: opening investment accounts in the minor's name; receiving scholarship income above the exemption limit; and claiming deductions for school fees in the parent's return (where the minor's PAN must be quoted).

What documents are required for PAN application by an individual?

For Indian individuals (Form 49A): identity proof (Aadhaar card, voter ID, passport, or driving licence); address proof (Aadhaar, passport, bank statement, or utility bill not older than 3 months); date of birth proof (birth certificate, Aadhaar, or matric certificate); and a recent photograph. Aadhaar is the preferred document as it serves as identity, address, and DOB proof simultaneously. For foreign nationals (Form 49AA): passport as identity and DOB proof; and foreign address proof apostilled or notarised.

What is the penalty for holding two PANs?

Under Section 272B of the Income Tax Act, a person who holds more than one PAN — whether knowingly or unknowingly — is liable to a penalty of ₹10,000. Where a person discovers they have been inadvertently allotted two PANs, they must surrender the duplicate PAN by filing a PAN correction/surrender request on NSDL or UTIITSL, retaining the PAN that has been used for all past transactions. The Income Tax Department actively identifies and penalises duplicate PAN holders through data matching.

Get Your PAN — Applied Correctly, Delivered Fast

New PAN applications, corrections, HUF PAN, foreign national PAN, and PAN-Aadhaar linking support.