We provide specialized winterization services to safeguard your pool during the off-season, and when spring arrives, we handle the thorough opening process.
Puri High Street-81 ,Faridabad
91-8178290095
91-8178290095
itaxpks@gmail.com
itaxpks@gmail.com
A Permanent Account Number (PAN) card is a unique 10-digit alphanumeric identifier issued by the Income Tax Department of India to individuals, businesses, and other entitIEC. The PAN card is essential for various financial transactions and has several importance.
It helps the government track financial transactions and ensures tax compliance. Financial Transactions: PAN card is required for various financial transactions such as opening a bank account, making high-value transactions, investing in mutual funds, buying or selling property, etc.
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PAN is mandatory for individuals earning above a certain income threshold, as well as for businesses and entities involved in financial transactions like opening a bank account, filing taxes, or investing in securities.
You can apply online through the official NSDL or UTIITSL websites or offline by submitting a form at designated centers along with the required documents.
Common documents include proof of identity (Aadhaar, passport), proof of address (utility bills, bank statements), and a passport-sized photograph.
Generally, it takes about 15 to 30 days to receive your PAN card after successful application and verification.
Failure to obtain a PAN card can result in a penalty of ₹10,000 under Section 272B of the Income Tax Act. Additionally, you may face difficulties in conducting financial transactions and filing income tax returns.