MAHENDRA KANTILAL TITA (Account Executive) (131 Points)
19 June 2013Respected All,
I have query that my client is holding PAN in his name and he has his company which is Proprietor ship and the same company has current account in bank in his company name.
Now, My client want PAN for his Company which is proprietorship means he is a proprietor of that company.
So, is it possible to get PAN for his Company ?
And what are the documents are required which Form No is to filed, and if any one has Form in Excel format so please share it .
Thank you.. To ALL.
Deepak Gupta
(CA Student)
(15922 Points)
Replied 19 June 2013
| Originally posted by : MAHENDRA KANTILAL TITA | ||
 |
Respected All, I have query that my client is holding PAN in his name and he has his company which is Proprietor ship and the same company has current account in bank in his company name. Now, My client want PAN for his Company which is proprietorship means he is a proprietor of that company. So, is it possible to get PAN for his Company ? And what are the documents are required which Form No is to filed, and if any one has Form in Excel format so please share it . Thank you.. To ALL. |
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In case of sole proprietorship concern, PAN will be in the name of proprietor only.
manikumar
(CA Articleship)
(21 Points)
Replied 20 June 2013
Dear Mahendra,
Actually,there is no PAN card for proprietory concern separately.PAN is given to individual.But as per IT Act,Proprietary concern is not a person.So the individual PAN of Proprietor must be used for the concern and no separate PAN is issued.
moulali
(student)
(735 Points)
Replied 01 August 2013
Yes there is No Requirement for Pan Card Copy about Proprietorship
Moreover in case of Proprietary ship Business will be Carried on by Proprietor
Rajesh S Karkar
(M.Com)
(62 Points)
Replied 11 November 2014
no need for separate pan card. visit www.pancard.wix.com/apply
kjsingh
(retired accountant)
(28 Points)
Replied 29 January 2017
but in cases like a proprietrey firm supplying material to railways and defence they ask for a seperate pancard only for buisness purpose, so when buisness is stopped the person should retain which of he 2 pan cards
CAclubindia
