Pan card status

Pan card is very Important document for a citizen of India. It is also important for citizen after who wants to file an ITR or tax return. All ITR files are based on your pan card. Pan card is very critical document and can be used to scam. Due to increasing scams in India we suggest you to be aware and do not take this process with ease. We will guide you how to apply and track pan card in safe and secure way.

we also suggest you to only check pan card status through goverment official websites.

PAN or Permanent Account Number is a alphanumeric unique code generated for the lifetime of the entity.

It is used to file income tax return organisations and  individuals It is also used to carry out high-value transactions which are mostly more than ₹ 50,000.

 In case of loss of pan card an entity an apply the reissue of its pan card. Accept for making a new one.

It also functions as an identity evidence in INDIA. PAN is mandatory for financial transactions such as receiving taxable wages or professional prices, purchase or purchase of assets above specified limitations, buy mutual funds and more.

 The primary objective of PAN is to use an international identification essential to monitor financial transactions that might have a taxable part to prevent tax evasion.

Download latest Tamil movies

who can apply ?

 •Anybody who earns a taxable income in India, including foreign nationals who pay taxes

•Anybody who conducts a company (be it retail, services or company) that had total sales,       turnover or gross reception exceeding Rs 5 lakh in the past fiscal year

These are officials website of pan card status.

Please only use these websites to check for your pan card status. There are many fake websites around to scam you.

Download latest movies on todaypk

Pan card application reason

•For payment of direct taxation

 •To avoid deduction of tax at higher speed than expected

•To enter specific transaction such as:

(a) Sale or purchase of immovable property valued at Rs 5 lakh or more

 (b) Sale or purchase of a car other than a two wheeler

 (c) Payment to resorts or restaurants a sum exceeding Rs 25,000 in any 1 time

(d) Payment in cash a sum exceeding Rs 25,000 in connection with traveling to some foreign country (e) Payment of an Quantity of Rs 50,000 or more on the Reserve Bank of India for obtaining bonds

(f) Payment of an Quantity of Rs 50,000 or more to a company or an institution for obtaining bonds or debentures

(g) Payment of an Quantity of Rs 50,000 or more to your business for acquiring shares

(h) Any mutual fund purchase

(i) Deposit exceeding Rs 50,000 with almost any single banking establishment in 24 hours.

(i) Payment exceeding Rs 5 lakh for purchase of silver and silver jewellery

Application process.

 •Use ‘Form 49A’ or ‘Form 49AA’ as important for you.

You can find the location of PAN card offices in almost any city from the sites of the Income Tax Department or National Securities Depository Limited (NSDL).

 •If you are applying on line, the processing fee can be paid through internet banking, credit card or debit card.

•You may need copies of evidence of Identity and address.

•Track the status of your program on the web.

•You can also use online through sites of this I-T Department or NSDL.

Download Bollywood movies on Bolly4u

Leave a Reply

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