Permanent Account Number (PAN) is a 10 digit alphanumeric number issued by Central Government of a country under the Income Tax Department to identify a person. Pan registration is essential for persons those are liable to pay tax as per the Government rules and regulations under the Income Tax Act. Each and every individual can apply and get a PAN card by fulfilling certain terms and conditions lay down by the Government. The PAN card is required for the following persons under the section 139A of the Income Tax Act, 1961:
- Filling Income Tax Return
- Any correspondence with income tax department
- Assessee verification by the income tax department
- When paying any tax for Government
From 2005, it has been compulsory for all to have a PAN card for dealing or filling any return with Income Tax Department of the country. Apart from all these above reasons, PAN card is absolutely essential for making any bulk financial transactions at banks or income tax departments in a country as per the Government rules and regulations.
PAN Registration Procedure
PAN registration procedure has been simplified by the Income Tax Department by introducing various convenient ways including legal and trademark registration firms with well qualified professional people. Global Jurix, a leading law firm based out of Delhi has been providing PAN registration services to many clients in India and abroad. One can get it done at the nearest IT PAN centre by filling an application form with all certificates relating your personal identification with one passport size photograph and depositing the application fee as per the rules and regulations of the Income Tax Department of a country. Trademark registration firms are like one stop solution which offers varied services ranging from PAN registration to trademark registration at affordable prices with help of certified attorneys and legal professionals.