PAN Card New Proof, New Form and Amendments in Procedure –

PAN Card New Proof, New Form and Amendments in Procedure

Permanent Account Number is the unique number allotted to an individual, firm, company or any entity identified as a person as per section 2 (31). Permanent Account Number (PAN) is used to store the details of the person for various transactions and details related to the Income Tax. Income tax details like returns filed, tax payable, refund outstanding etc. are stored under the PAN of a person. To avail PANthe person has to apply for the same to the PAN authority, i.e. Central Board of Direct Tax (CBDT).There is a procedure of application of PAN. Different applications are required to be made for fresh PAN, lost PAN or any changes / correction in PAN.
There are certain changes in the procedure of PAN as compared to the procedure in the past. There are changes regarding submitting of original proofs and increase in the PAN application fees. Here is the list of changes showing a comparison between the old norms for PAN allotment and the new one.
List of changes in PAN allotment norms:
  • There is a change in the amount of PAN application fees. It was Rs. 96 in the past and now it is increased as follows:
    • For Communication address within India –  Rs. 105 which consists of Rs. 93 for application fees and Rs. 9 of Service Tax @ 12.36%.
    • For Communication address outside India – Rs. 971 which consists of Rs. 93 for application fees, Rs. 771 for Dispatch related charges and Rs. 107 of Service Tax @ 12.36%.
Increased application fees are payable from 16thJanuary, 2014.
  • The other change in norms is regarding presenting the documents in support of the personal details. As per the old norms, the applicant was supposed to submit the copies of documents like identity proof and address proof. But the CBDT has announced, in a recent statement that:
“Every PAN applicant has to submit self-attested copies of Proof of Identity(POI), Proof of Address (POA)and Date of Birth (DOB) documents and also produce “Original Documents” of such POI/POA/DOB documents, for verification at the center of PAN facilitation centers”. It was also added that “the copies of identity proof, address proof and date of birth have to be attached with PAN application form”
So as per the statement the applicants are required to carry with them the self attested copies of the above documents along with the originals of the same. The Copies will be verified by the TIN Facilitation centers to check if there is any variation in the copies as compared to that of the original. The original documents will be given back on the spot soon after the same are verified. This rule is applicable from 3rd February, 2014.
Advantages and Disadvantages of the Changes in PAN allotment Norms:

  • According to the oppositions, the requirement of the original proofs for proof of identity, proof of address and date of birth for application of PAN will create many problems. All the applicants will not be comfortable for providing the original proofs to the consultants so, they will not be able to provide customer satisfaction.
  • Such submission of original proofs will also create problems for foreign applicants as they will not be able to visit the country at the time of applying for the PAN and can not trust consultants and handover their original proofs to them.
  • Along with the above limitations, it will prove advantageous for the Income Tax authorities that accurate and realistic database can be maintained as compared to fake and unrealistic data obtained sometimes from the fraudulent applications.
  • The new norms will make in line all the documents of the people and the identity of all the person will be clear and without any fraud.
Need for updating the address:
Your PAN Database such as your name, date of birth, contact address, etc. are used for communication with you for the matters related to income tax. Details like your income tax intimation, refund order, etc. is sent to the address given by you while applying for the PAN and the same exists in your PAN database.
So it is recommended that whenever your residential or communi

cation changes or you shift from one place to another, you must amend your PAN database by making application through the form for ‘Request For New PAN Card or/ And Changes In PAN Data’. As it will help you in keeping your database updated with the income tax authority and so you will receive your all important communications related to income tax at your doorstep without any delay.

Let us have a look at the amended procedure of the PAN application:
For Online Application
  • Visit the Site
  • Go to the PAN application department and download the PAN application form 49A for new PAN
  • Take a printout of the application form and fill the required details as applicable for the respective type of person
  • Affix the photo on proper place and sign the form duly
  • Attach self – attested photocopies of the proof of identity, proof of address and date of birth
  • Visit the nearest TIN Facilitation center along with the application form, attached documents and the originals of the attached proofs
  • Provide the same to the application receiving authority at the counter
  • He / She will verify the self – attested copies of the proofs with that of the originals
  • Once verified, you will have to pay application fees of Rs. 105 (amended) if the communication address is within India and Rs. 971 if the communication address is outside India
  • If the self – attested copies of proofs are not in line with that of the originals, then you will have to provide the rectified copies
  • You will receive an acknowledgement number
  • Use the same to check the status of your PAN and you will be allotted PAN within 30 days from the date of application.
Point to Notice:
As per the latest news the above norms are put on hold by the Central Board of Direct Taxes. The news of putting on hold, such norms are given by the Ministry by providing the statement given below:
“The Central Board of Direct Taxes (CBDT) has decided to keep in abeyance the decision to change the procedure for PAN allotment till further orders. ”
In the other statement, it was also stated that the old procedure of PAN application and allotment “shall continue”. It can be clearly seen that the new norms are literally criticized and so due to such pressure from the assesses the CBDT has to put a hold on changing the norms for PAN card application. But it can be said that the new norms will be in practice in short duration.

Leave a Reply

Your email address will not be published. Required fields are marked *

Tax Finance info © 2016 Frontier Theme