The Permanent Account Number (PAN) is a unique ten-digit alphanumeric number issued by the Government of India to all tax payers. It is a universal identification tool that tracks all financial transactions taxable by the Government. This permanent number assigned to the PAN holder serves as an essential ID proof. It is allotted to each tax payer by the Income Tax Department of India under the supervision of the Central Board of Direct Taxes. The PAN does not change during the lifespan of the PAN holder.
Kyros works as PSA (PAN Service Agency) for UTIITSL, approved by Govt. of India.
There are Three kinds of PAN applications:
PAN APPLICATIONS FORM | DESCRIPTION |
Form 49A | To be filled by Indian Citizens, Entities incorporate in India and Indian Companies, Unincorporated entities formed in India |
Form 49A | Change/Correction in PAN |
Form 49AA | Only Foreigner PAN apply Form |
The new application form is useful for applicants who require a fresh PAN and have not been allotted one before. A duly filled and signed PAN application form along with supporting documents can be submitted to any VLA.
The application form is useful for applicants who are PAN holders and either require a new PAN card or a change/update in their personal details such as, name, date of birth or address and contact information in the IT Department records. Upon submission of this form, a new PAN card, bearing the same PAN, along with updated details is issued to the applicant.
The applicant is required to submit the following documents with the application form:
Note: The documents for the above are dependent on citizenship and status of the applicant. Details pertaining to these documents are also mentioned in the application form.
For a new PAN applicant, if the application satisfies all statutory requirements, the PAN card is dispatched within 15 days. In the case of a Change / Correction in PAN data, it takes 25 days.
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