Permanent Account Number (PAN) is
a uniquealpha-numeric identifier issued
to all entities identifiable under Income tax act1961.PAN has got its core objective of
preventing tax evasion by bringing in the track of all financial transactions using
a universal identifier.PAN could be issued for foreign nationals as well and
hence could not serve as a proof of Indian citizenship. There is no minimum age/income
limitation to take a PAN and once issued the same is valid for life time.
PAN is a mandatory requirement to carry out most of the activities related to
financial transactions , say for example opening a bank account (for making a
deposit above 50000) , or purchase of a vehicle (price exceeding 25000) , for
employees or business receiving taxable income and for numerous other activities.
Companies Mentor take care of all the application filings , submissions and
other formalities to ensure that your PAN registration is completed in a short
span of time. All you need to do is to
submit few prerequisite documents as per our request. After the verification of
the application and documents submitted by the Income tax department, the PAN
Card will be dispatched to your address mentioned in application.
To avail our service/to know more about the same, ,kindly
submit your name, email id and phone number in the above form for our experts
to get in touch with you in a short while.