Tracking PAN Card Application Status by Tax Information Network, the meaning and uses of PAN card
PAN-permenant account number for the tax applications. one individual will have only one PAN and the number on the PAN can be decided by an unique formula.PAN is issued in the form of PAN card and the application should be made in the form of 49(1) and even you can track the PAN application status.
PAN application status can be tracked by the help of the following details-
· Type of the application you have applied for PAN card
· Acknowledgment number of the PAN card application
· Name of the applicant
· Date of birth of the applicant
By the above details you can track your pan card application status by clicking here
PAN-permenant account number in India is an alpha numeric code which will be given to the applied assessee and the deemed assessee under the income tax Act,1961 and it is required for the following-
to file the tax returns
to deduct TDS
to pay advance tax
to make payments out of the country and to ask for deduction from the total income which is cheargeable to tax
so please follow our next posts for the relevant information for the regestration and others PAN can be granted by the income tax department by the application made by the assessee.