Quick Answer: What Is The Age Limit For PAN Card?

How do I get a pan for a minor?

PAN Card for MinorLog on to the website of Tax Information Network website of NSDL and click on the “Online PAN Application”.Select the appropriate option (49 A or 49AA) from the drop-down menu based on the status of your residency.Fill all the required details being requested in the form which appears onscreen.More items….

Can a 17 year old apply for PAN card?

Yes, individuals can apply for PAN Card for a minor child without any hassle. Minor is a person who is below the age of 18 years. However, the minor cannot apply for a pan card directly. Parents, guardians or representative assessee’s of the minor can apply for PAN card.

What is the minimum age limit for PAN card?

It is a common misconception among people that Permanent Account Number (PAN) is applicable only for individuals above 18 years of age. However, the Income Tax Department has not mentioned an age limit for availing a PAN card, which means that even minors are eligible to apply for it.

Can a student apply for PAN card?

A PAN is necessary for filing income tax returns. However, both minors and adults got a right to possess a PAN card. Government of India has made it mandatory for all the individuals to possess PAN card that includes PAN card for students as well. … Students can apply for PAN Card both in online and offline modes.

What is the fastest way to get PAN card?

1) Visit the income tax department’s e-filing portal and click on “Instant PAN through Aadhaar” section under “Quick Links” on the left side. 2) Click on “Get New PAN” on the new page. 3) Enter your Aadhaar number for allotment of new PAN card and the Captcha code to generate an OTP on your Aadhaar-linked mobile phone.

Can I get PAN card in 2 days?

The Permanent Account Number (PAN) is a vital proof of identity. … Still, the applicant can still obtain a PAN card in just 2 days time by applying for it on the NSDL website. You too can apply for a PAN card by filling up an application in Form 49A or Form 49AA.

Is PAN card free of cost?

The charges for applying for PAN is Rs. 93 (Excluding Goods and Services tax​) for Indian communication address and Rs. 864 (Excluding Goods and Services tax) for foreign communication address. Payment of application fee can be made through credit/debit card, demand draft or net-banking.

Is PAN card necessary for bank account?

The Reserve Bank of India (RBI) has made Aadhaar and PAN cards mandatory for opening bank accounts. The updated circular said Aadhaar and PAN numbers must be quoted for new bank accounts. …

How can a minor apply for a PAN online?

Step 1: Visit the official website of NSDL, click on ‘Online PAN application’. Step 2: On the homepage click on the “New PAN for Indian Citizen (Form 49 or Form 49A)” option. Step 3: After that enter the required details (Child’s name, parent’s phone number and e-mail address, etc).

What is Pan card used for?

The primary objective of PAN is to use a universal identification key to track financial transactions that might have a taxable component to prevent tax evasion. The PAN number remains unaffected by change of address throughout India. WHO MUST APPLY FOR PAN?

How can I get free PAN card?

How to get free, instant PAN card using AadhaarOpen the e-filing website of the Income Tax Department.Click on the tab ‘Get New PAN’.Enter your 12-digit Aadhaar number.Submit the OTP generated on the Aadhaar registered mobile number.A 15-digit acknowledgment number will be generated.Enter the other details asked for in the user info.More items…•

Can I apply pan card under 18?

Not many are aware that a Permanent Account Number (PAN) card can be availed even for your children below 18 years. In fact, the Income Tax department allows parents or guardians to apply for a new PAN card for a minor. The PAN card of a child can be required for several reasons including investment purposes.

Is Minor PAN card valid?

A PAN card issued in the name of a minor does not contain the minor’s photograph or signature, and therefore, cannot be used as a valid proof of identity. Once a minor PAN card holder turns 18, the relevant changes must be made in the PAN records.

What are the documents required for PAN card?

Documents Required for PAN Card Application by HUFs and Individuals (Being Citizens of India)Voter’s ID card.Passport.Aadhar card.Ration card having Applicant’s photo.Driving License.Photo ID card which are issued by central government, state government or any undertaking of public sector​More items…•