06 September 2012
Hello experts, I am living in residential apartment, We have FDR on building's name in nationalized bank. since we don't have PANo. bank deducts 20% TDS on FDR interest, and I can present 15G form to bank. what are the documents which we have to apply for PAN application. Note : our apartment is not registered under co-op housing society,
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09 August 2024
To apply for a PAN (Permanent Account Number) for your residential apartment or any entity, you'll need to follow specific procedures and provide certain documents. Here’s a detailed breakdown of what you generally need:
### **Documents Required for PAN Application**
1. **Proof of Identity**: - Any one of the following: - Aadhaar card - Passport - Voter ID - Driving License - Arm’s License - Pension Payment Order
2. **Proof of Address**: - Any one of the following: - Aadhaar card - Passport - Utility bill (electricity, water, gas, telephone) - Bank statement - Ration card - Lease agreement
3. **Proof of Date of Birth** (if applicable): - Birth certificate - Passport - Driving License - Aadhaar card - Matriculation certificate
4. **Proof of Ownership/Authority** (since it’s an apartment, not a company or society): - Copy of the apartment's ownership document (like sale deed) - Proof of address of the apartment (if it’s a residential property) - A letter from the apartment’s management committee or a similar authority confirming the residential status (if applicable)
5. **PAN Application Form**: - Fill out Form 49A (for Indian citizens) or Form 49AA (for foreigners).
### **Steps to Apply for PAN**
1. **Gather Documents**: Ensure you have all the required documents as listed above.
2. **Fill Out the Form**: Obtain and complete Form 49A (or 49AA if applicable) from the Income Tax Department's website or from a PAN application center.
3. **Submit Application**: - Online: You can apply online via the official websites of NSDL or UTIITSL. You'll need to upload scanned copies of your documents. - Offline: Submit the filled form along with self-attested copies of documents to a PAN application center.
4. **Payment**: Pay the application fee online or at the PAN application center. The fee might vary based on whether you are requesting a physical or e-PAN.
5. **Verification**: Once submitted, the PAN application will be verified by the Income Tax Department. You might be required to provide additional documents or information if needed.
6. **Receive PAN**: After verification, you'll receive your PAN card either digitally (if you opted for e-PAN) or physically by mail.
**Note**: The exact requirements and procedures might vary slightly based on your specific situation and any recent updates to regulations, so it's always a good idea to check the latest guidelines from the Income Tax Department or consult a tax advisor for personalized assistance.