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Apply for Permanent Account Number (PAN) Permanent Account Number (PAN) refers to a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department in India. It is a must to have a PAN number for all those who file their income tax returns, because from 2005 onwards, it has been made mandatory by the Income Tax Department to quote the PAN on return of income as well as on all correspondence with any income tax authority in the country. Also, it is now compulsory to quote PAN in all documents pertaining to financial transactions notified from time to time by the Central Board of Direct Taxes, such as sale and purchase of immovable property or motor vehicle or payments in cash, of amounts exceeding a certain limit to hotels and restaurants, or in connection with travel to any foreign country. It is also mandatory to mention PAN for obtaining a telephone or cellular telephone connection. Likewise, PAN has to be mentioned for making a time deposit exceeding Rs. 50,000/- with a Bank or Post Office or for depositing cash of Rs. 50,000/- or more in a Bank. How to apply for a PAN ? You will need a recent colour photograph (stamp size: 3.5 cm x 2.5 cm) to attach on the form. You must mention the designation and code of the concerned Assessing Officer of the Income Tax department in Form 49A. You can get this from the IT PAN Service Centres mentioned in the websites listed above. Also, the application shall have to be accompanied by a proof of identity as well as a proof of residence. The filled application form has to be submitted at your nearest IT PAN Service Centre or TIN Facilitation Centre along with the requisite fee. The location of such centres can be searched online by using the facility given below : Applications for fresh allotment of PAN can also be submitted through the Net. Further, requests for changes or correction in PAN data or a request for a new PAN card (for an existing PAN) may also be made through the Internet. For more details visit http://www.tin-nsdl.com. If an application for allotment of PAN is submitted through the Internet and payment made through a 'nominated' credit card, the PAN is allotted on priority and communicated through email.
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