PAN Application
Permanent Account Number (PAN) is a unique identification number provided by the Income Tax Department. The Income Tax Act mentions that below individuals are required to obtain PAN:
- If an individual’s income crosses the basic exemption limit for a financial year.
- If the overall earnings or business exceeds the limit of five lakhs in the financial year.
- If the person is required to get import and export code or GST registration.
- If the person receives any amount after deducting withholding tax from the total earnings payable to another person.
- If any financial transactions which are undertaken require submission of PAN card mandatorily.
Contact us for Instant PAN application process.
