Can a PAN CARD be issued to a minor??
CA Paras jain (Audit Senior Assistant) (1544 Points)
29 April 2010Can a PAN CARD be issued to a minor??
Prasanth Nair V
(ACA,ACS,CWA Final,Mcom)
(557 Points)
Replied 29 April 2010
Yes, Why Not?
Definitely it can be issued to a minor also. Nothing Pobhits from doing so!!!!!
Any person having a source of income can possess a PAN Card
CA SHUBHAM Mittal
(CA )
(441 Points)
Replied 29 April 2010
Yes ofcourse minor can have a PAN card but guardian have to sign PAN application and in place of photograph it should be written minor instead of photo.
Poornima Srinivasan
(Junior trainee)
(330 Points)
Replied 29 April 2010
Originally posted by : SHUBHAM | ||
Yes ofcourse minor can have a PAN card but guardian have to sign PAN application and in place of photograph it should be written minor instead of photo. |
Yes I agree ..
ejaz naiyer
(C.A. FINAL)
(293 Points)
Replied 29 April 2010
yes a minor can have a PAN. But there wont be photo. My colleague had PAN when he was minor.
sagar
(CA Final)
(379 Points)
Replied 29 April 2010
PAN Card is permament Account number with Income Tax department. This is the reference number against wich all communication relating to tax matters carried out. This is a combination of numbers and alphabets representing your complete biodata.
All persons who are assessible as assessee are liable to have a PAN card.
A minor under Income Tax Act is also assessable for his income. but His income is included in his parents Income. So a Minor is not required to file return for his own. Thus he is not required to have a PAN number.
But the minors deriving Income from applying any skill, will not be included in parents income. Hence he can have his own PAN number
n k abhiram
(CA Final , CS Final )
(629 Points)
Replied 29 April 2010
Yes Pan card can be issued to minor also .
vaibhav bhujbal
(Assi Manager * MBA * Mumbai)
(56 Points)
Replied 29 April 2010
yes a minor can have...
CA Himanshu Bansal
(Risk Manager)
(2345 Points)
Replied 29 April 2010
Yes,Can be issued to any citizen,irrespective of whether Minor or Major.