What is PAN and Why it is required?

What is PAN?

Permanent Account Number (PAN) is unique code that acts as an identification for Indian citizens, particularly those who pay Income Tax. It is also issued to foreign investors, hence it is not acceptable as a Identity Proof of Indian citizenship. It is issued by National Securities Depository Limited (NSDL), Indian Income Tax Department under Central Board for Direct Taxes (CBDT).
The PAN is necessary for financial transactions. High-value transactions, such as buying a house or Property, Receiving TAX payable Salary etc.

Duration of Issuing PAN.

New PAN card takes approximately 15 to 20 working days. Correction of PAN card take 30 to 40 working days; however this may vary depending on the authorities.

Why PAN is Required ?

PAN incorporates finding of false exchanges, diminish tax avoidance, straight forwardness in exchanges between purchaser and Seller.
PAN is required for the bulky transactions of the currency e.g. Billing more than Fifty Thousand Rupees.
Exchanging currency at Money Exchanging Kiosk requires PAN.
Depositing more than Fifty Thousand Rupees in a single day, requires PAN.
Duplicate of PAN is required to Sale or buy motor vehicles having more than two wheels (excluding side detachable car attached to two wheeler), while Buying or Selling any property it is mandatory to have PAN card.

Documents Required while Applying for a PAN.

Voter Identity Card
Driving License
Passport
Ration Card having photograph of the applicant.
Certificate of Identity in original signed by a Gazetted Officer.
AADHAAR Card issued by the Unique Identification Authority of India.
Central Government Health Scheme Card.
Bank Certificate in original on letter head from the branch.

AADHAAR Card is mostly preferred applying for a PAN .

PAN CARD ADDRESS – Address On PAN CARD ?

PAN CARD ADDRESS – Address On PAN CARD ?

Now-a-days, Pan Card has become a valuable / important / compulsory document and valid identity proof for many actions in India. But it is an incomplete document and identity proof because it does not contain address of Pan Card Holder. Now, question arises, “Why the Address on PAN CARD (PAN CARD ADDRESS) is not printed on Pan Card ?”

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It has been declared very recently that Pan Card (New / Reprint) will be issued with new design in dual languages i.e. Hindi and English with effect from 01.01.2017. It is very good. But there are some other important issues which are not drawing attention of the Indian Government. Therefore, through this post, we are requesting and demanding to Government Of India on following issues to make the Pan Card complete document and identity proof –

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1. Correct Hindi Spelling : Indian Government should keep in mind that there may be more than one word for a single word in English. In those circumstances, there may be mistakes in printing the name / surname etc. in Hindi. Such type of mistakes have been observed in Aadhaar Card in many cases. For example – Surname “Moondra” in English may be printed / written automatically in Hindi as “ मूंदरा “ या “ मुंद्रा ” whereas correct surname is “ मूंदड़ा “. And thus, Hindi word will / may be incorrect. Therefore, applicant should be asked to furnish his / her correct spellings in Hindi (हिन्दी ) also for avoiding such mistakes.

2. PAN CARD ADDRESS – Address On PAN CARD : There is sufficient space on the back side of Pan Card. Therefore, complete address of Pan Card Holder should also be printed on the back of Pan Card. This will make it a good identity card and valuable document.

3. Free Pan Card without any charge : Pan Card should be availed free of cost like Aadhaar Card. At least first new Pan Card should be issued free of cost.

If any wants to read this post in Hindi, he / she may click here.

New Pan Card Design WITHOUT PAN CARD ADDRESS

APPLY DUPLICATE PAN CARD डुप्लिकेट पेनकार्ड

APPLY DUPLICATE  PAN CARD डुप्लिकेट पेनकार्ड

If you have lost your pan card or your pan card has been destroyed or your pan card has been deshaped or unreadable or your pan card has been stolen, you need not to worry and need not to lodge any complaint or FIR any where. You have to only one thing that you should apply Duplicate Pan card online (Reprint PAN Card) through www.etdsdsc.com or www.pancard.org.in. यदि आपका पेनकार्ड खो गया है या चोरी हो गया है या बिगड़ गया है या पढने लायक नहीं रहा है , तो आपको चिंता करने की कोई आवश्कता नहीं है, आपको ऍफ़ आई आर  / शिकायत भी दर्ज करने की जरूरत नहीं है. आपको सिर्फ डुप्लीकेट पेनकार्ड के लिए आवेदन करना होगा.  However, for getting a Duplicate / Reprint pancard, you should follow following instructions निम्न निर्देशों का ध्यान रखे  :-

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  1. You should apply Duplicate Pan card online through pancard.org.in or www.etdsdsc.com. आपको pancard.org.in or www.etdsdsc.com के मार्फ़त डुप्लिकेट पेनकार्ड  के लिए ऑनलाइन आवेदन करना चाहिए.
  2. In case, you also want any correction in pan card while applying for Duplicate Pancard, you should apply for Correction in  Pancard online through www.pancard.org.in or www.etdsdsc.com. यदि  आपको  पेनकार्ड में सुधार / करेक्शन  भी  करवाना हो तो pancard.org.in or etdsdsc.com के मार्फ़त डुप्लिकेट पेनकार्ड के साथ साथ करेक्शन  के लिए भी  ऑनलाइन आवेदन कर सकते है . 
  3. Please be careful that application form / format is same for Reprint of Pancard and for Duplicate Pancard. आपको यह भी ध्यान रहना चाहिए की डुप्लिकेट पेनकार्ड, रीप्रिंट व पेनकार्ड करेक्शन के   लिए आवेदन फ़ार्म एक ही है . 
  4. While sending / submitting hard copy of application for Duplicate Pancard, that application should be accompanied by eligible Personal Photo ID Proof, Address proof and Proof for Date of Birth. आवेदन फ़ार्म को डाउनलोड व प्रिंट करके भेजते  समय साथ में स्वीकार्य फोटो परिचय पत्र , डाक पत्ता प्रूफ  व जन्म तिथि प्रमाण प्रूफ अवश्य भेजे . 
  5. Before sending / submitting hard copy of application for Duplicate Pancard, please check seriously the ‘list of Valid ID Proofs‘ available on both above mentioned websites pancard.org.in and www.etdsdsc.comआवेदन फ़ार्म को डाउनलोड व प्रिंट करके भेजने से पहले  pancard.org.in or www.etdsdsc.com पर  ‘स्वीकार्य फोटो परिचय पत्र , डाक पत्ता प्रूफ  व जन्म तिथि प्रमाण प्रूफ की सूची ‘ / ‘list of Valid ID Proofs’ अवश्य देखले .
  6. Please be careful that your existing pan card it self is not a valid ID proof. However,  if possible and available, copy of existing pancard (if not lost) should also be submitted with hard copy of application . कृपया ध्यान रहे  कि आपका पुराना पेनकार्ड स्वयं   स्वीकार्य फोटो परिचय पत्र , डाक पत्ता प्रूफ  व जन्म तिथि प्रमाण प्रूफ नहीं मना जाता है .
  7. Duplicate Pancard is always as good as Original Pancard ( No Difference) as ‘Duplicate’ is not printed on the pancard. डुप्लिकेट पेनकार्ड मूल ओरिजिनल  जेसा ही होता है .

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TWO PAN CARDS OF SAME PAN NO दो पेनकार्ड

TWO PAN CARDS OF SAME PAN NO दो पेनकार्ड

It is well settled that  one person can not hold two pan cards or more  of same PAN numbers but there is no such restriction to keep / have more than one cards of same PAN Number / Permanent Account Number. हा, एक व्यक्ति एक नंबर के दो पेनकार्ड रख सकता है .

Therefore, it also clear that one person can hold / keep two or more pancards of same / unique PAN Number / Permanent Account Number. More ever, we also advise to all PAN Card holders of Black & White pancard that they should apply / get immediately another colored pancard. And to avoid emergency and for safety, all persons should keep at least two pancard. सभी को सलाह दी जाती है कि यदि आपके पास पुराना ब्लैक & वाइट पेनकार्ड है  तो आपको तुरंत नए रंगीन पेनकार्ड के लिए आवेदन करना चाहिए .

 

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CAN A PERSON HOLD TWO PAN CARDS (दो पेनकार्ड) OF TWO DIFFERENT PAN NUMBERS (दो पेन नंबर ) ?

An issue has raised  by our visitors  whether  a person can hold more than one pancard of different pan numbers. No, one person can not hold two or more pancards of different numbers. It means a person can have only one unique PAN No. which is known as Permanent Account Number which is issued by the Income-tax Department of Govt. of India. एक व्यक्ति दो अलग नंबर के दो पेनकार्ड नहीं रख सकता है .

Apply New / Correction / Duplicate Pan Card

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More ever, keeping and having more than one PAN Number / Permanent Account Number, is a punishable offence and for this offence, penalty of Rs. 10,000/- and/or 6 months imprisonment may be imposed. Therefore one person should not keep and maintain more than one pancard. दो अलग अलग नंबर के दो पेनकार्ड  रखना दंडनीय अपराध है .

If a person is having two or more PAN Numbers, he/she is advised that he/she should surrender and get cancelled EXTRA PANCARD. Surrender of extra pan number can be made online through www.statuspan.in even without surrendering / sending the extra pan card but such pancard should be destroyed / scrapped after getting it cancelled / surrendered. यदि किसी के पास दो अलग अलग नंबर के दो पेनकार्ड  है तो उसे  एक पेन नंबर को  www.statuspan.in के मार्फ़त तत्काल सरेंडर कर देना चाहिए .

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HOW TO CONVERT OLD BLACK & WHITE PAN CARD (ब्लैक & वाइट पेनकार्ड) INTO COLORED (कलर्ड) ?

If you are having Black & White pan card of old days, you can get one more coloured pan card in addition to your existing B & W (Black & White) Pancard. यदि आपके पास ब्लैक & वाइट पेनकार्ड है तो आप एक और रंगीन / कलर्ड पेनकार्ड ले सकते है .However, for getting a new colored pancard, you should follow following instructions निम्न निर्देशों का ध्यान रखे  :-

Apply New / Correction / Duplicate Pan Card

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  1. You should apply for Reprint of Pancard online through pancard.org.in or etdsdsc.com. आपको pancard.org.in or etdsdsc.com के मार्फ़त पेनकार्ड रीप्रिंट के लिए ऑनलाइन आवेदन करना चाहिए.
  2. In case, you also want any correction in pan card, You should apply for Correction in  Pancard online through www.pancard.org.in or www.etdsdsc.com. यदि आपको  पेनकार्ड में सुधार / करेक्शन  भी  करवाना हो तो pancard.org.in or etdsdsc.com के मार्फ़त पेनकार्ड करेक्शन  के लिए भी  ऑनलाइन आवेदन कर सकते है . 
  3. Please be careful that application form / format is same for Reprint of Pancard and for Correction of Pancard. आपको यह भी ध्यान रहना चाहिए की पेनकार्ड रीप्रिंट व पेनकार्ड करेक्शन के   लिए आवेदन फ़ार्म एक ही है . 
  4. While sending / submitting hard copy of application, that application should be accompanied by eligible Personal Photo ID Proof, Address proof and Proof for Date of Birth. आवेदन फ़ार्म को डाउनलोड व प्रिंट करके भेजते  समय साथ में स्वीकार्य फोटो परिचय पत्र , डाक पत्ता प्रूफ  व जन्म तिथि प्रमाण प्रूफ अवश्य भेजे . 
  5. Before sending / submitting hard copy, please check seriously the ‘list of Valid ID Proofs‘ available on both above mentioned websites pancard.org.in and etdsdsc.com. आवेदन फ़ार्म को डाउनलोड व प्रिंट करके भेजने से पहले  pancard.org.in or etdsdsc.com पर  ‘स्वीकार्य फोटो परिचय पत्र , डाक पत्ता प्रूफ  व जन्मा तिथि प्रमाण प्रूफ की सूची ‘ / ‘list of Valid ID Proofs’ अवश्य देखले .
  6. Please be careful that your existing pan card it self is not a valid ID proof. However,  if possible and available, copy of existing pancard should also be submitted with hard copy of application . कृपया ध्यान रहे  कि आपका पुराना पेनकार्ड स्वयं   स्वीकार्य फोटो परिचय पत्र , डाक पत्ता प्रूफ  व जन्म तिथि प्रमाण प्रूफ नहीं मना जाता है .
  7. Even after getting the colored Pancard, you can use your old B & W pancard also as ID proof or otherwise and your both pancards will have same and equivalent value and therefore, you are advised to keep old pancard in your pocket in routine and keep new in home at safe place for emergency. रंगीन  पेनकार्ड प्राप्त होने के बाद, आप दोनों पेनकार्ड का उपयोग कर सकते है .  

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PAN CARD – A NATIONAL LEVEL ID PROOF

Generally, ID proofs in India are required for 3 objects such as Photo Identity Proof, Address Proof and Date Of Birth Proof and for this purpose, following are the national level ID proofs in India for above said 3 requirements :-

1.  Pan Card :  Pan Card  is  also one of the best National ID proof but only for 2 objects such as Photo Identity Proof and Date Of Birth Proof  but it has three drawbacks. First,  pan card does not contain address of pan card holder  and therefore, it is not a  address proof for any purpose and second, in many matters, it is not valid DOB proof.  Even for reprint of pancard, pancard is not valid as DOB proof and third, many old pancards contain initials as part of  the name which are not matching with even Aadhaar.

2.  Aadhaar Card :  Aadhaar Card  is the best National ID proof for all the  3 objects such as Photo Identity Proof, Address Proof and Date Of Birth Proof  but it has also one drawback.  It is generally verified for specific purpose  such as for pancard etc. and in maximum cases, Aadhaar Card as ID fails in verification even for very small difference.

3. Passport   : Passport is  one of the best National ID proof for all the  3 objects such as Photo Identity Proof, Address Proof and Date Of Birth Proof  but it has two drawbacks. First, average Indian has no Passport and second, it is not small to keep readily in pocket.Conclusively, passport is the best national level ID proof and next is  Aadhaar Card and at last Pan Card. 

In future, Aadhaar Card will be the most important ID proof and document for all the Indians and therefore, Aadhaar Card holders should try to remove all the defects / shortcomings/ mismatchings in their Aadhaar Card by updating / correcting the data of their Aadhaar and in case of new Aadhaar Card, all the precautions should be taken for perfect and correct information .

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AADHAAR CARD IS NOT THE BEST ID PROOF FOR PANCARD PURPOSE

BEST ID PROOF FOR PANCARD / PAN CARD APPLICATION

If any single ID proof is sufficient  for the all the 3 purposes ( Personal Photo ID Proof, Address Proof and Proof for Date Of Birth ), then that is known as best ID Proof for a pancard / pan card application of any kind. Following ID proofs are known as best ID proofs for a pan card application and correction / Reprint pancard application as photocopy of any (single) of the following  documents is valid for all the three ID Proofs such as Personal Photo ID Proof, Address Proof and Proof for Date Of Birth provided  data of application (Name, Father’s Name, Address and Date Of Birth)  are matching with that ID proof :-

1. Passport.

2. Driving License.

3. Elector’s Photo Identity Card / Election ID Card.

4. Aadhaar Card.

But in case of Aadhaar Card, there are following problems :-

A. Except the Aadhaar Card, none other ID Proof is required to be matched / verified with it’s database but Aadhaar Card should be matched with the Aadhaar database.

B. In some cases, data printed on Aadhaar Card do not match with the Aadhaar database.

C. In many States like Rajasthan, Date of Birth is not mentioned on many / old Aadhaar Cards.

D. On many Aadhaar Cards, Year of Birth is also printed / mentioned incorrect / wrong.

And therefore, in the following circumstances, Aadhaar Card is not a valid ID proof for pan card / pancard purpose :-

(A) If the Year of Birth (In aadhaar Card) is not matching with Date Of Birth mentioned in other DOB Proof .

(B) If the photo on Aadhaar card is not clear and visible.

(C) If only year of birth is mentioned, other DOB proof will be required and Aadhaar will be not a valid proof for pancard purpose.

(D) Except in case of females,  father’s name in  aadhaar card should also match 100% with Aadhaar database.

(E) If case, data printed on Aadhaar Card is not matching with pancard data for  Reprint / Duplicate PAN card application,

(F) If  any other ID is used for  name and father’s name (Both) and that is not matching with Aadhaar and that case, Adhaar will not be valid for DOB proof. It also means that Aadhaar Card is not valid only as DOB proof.

(F) Aadhaar Card Receipt / Acknowledgement is not a valid proof for pancard purpose.

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DOWNLOAD AADHAAR ONLINE THROUGH www.aadhaardownload.org.in

Under the series of many websites for public utility / use, Moon Soft Technologies Private limited has also launched this Aadhaar Service as link service free of any cost. Many applicants has applied for Aadhaar Card but they are still waiting for  their Aadhaar Cards for a long time or many persons have lost / scrapped destroyed their Aadhaar Cards. In such circumstances, applicants or Aadhaar holders may download their aadhaar cards online through Moon Soft’s website www.aadhaardownload.org.in . Such downloaded Colored Aadhaar may be used as good as original.

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Company has tried to give a popular name of website for easy search with full guidance and instructions. All the required persons may use this aadhaar services through www.aadhaardownload.org.in .

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MOON SOFT’S NEW SERVICE – pancardoffice.in

Moon Soft Technologies Private Limited has launched one more free and guiding service for the pancard users and prospective pancard users in the name of  www.pancardoffice.in and hope that this service will also serve the Pancard Applicants and Pancard Holders. Moon Soft has truied best to bring it’s all PAN Services under one roof like www.pancardoffice.in .

Visit – WWW.PANCARDOFFICE.IN

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