PAN Card Status

PAN Card Status – Permanent Account Number is a unique alphanumeric 10 digit identity that is allotted to all the taxpayers by the Income Tax Department of India under the supervision of the Central Board of Direct Taxes.

This card also serves as an identity proof of the cardholder. Having PAN card is mandatory in order to receive taxable salary, professional fees, purchase, and sale of assets above a certain limit, for buying mutual funds, etc.

The main objective of the PAN is to make use of a universal identification key for keeping a track of financial transactions that may have a taxable component for preventing the tax evasion. Change of address throughout India does not have any effect on the PAN number.

PAN Card Status

PAN Card Status

PAN Card Use

There are numerous uses of a PAN Card. Let’s have a look at them:

1. To open a bank account
A PAN card comes into use when you open a new bank account, whether it’s a savings or current account. All the private, public, and co-operative banks ask for the submission of PAN card for opening the bank account.

2. Identity Proof
PAN Card also acts as a valid identity proof of an individual as well as proof of age in the entire country. It is also considered a valid ID and age proof when applying for a passport, driving license, voter ID, gas connection, etc.

3. Filing IT Returns
All the individuals in India, who come in the eligibility bar of the Income Tax, need to file their IT returns regularly. In order to file IT returns, one need to have a PAN Card. Filing IT Returns is one of the reasons why people apply for a PAN card.

4. Applying for a Debit/Credit Card
It is mandatory to submit your PAN card details while applying for a debit card and a credit card at a financial institution. The banks do not furnish you a credit/debit card if the PAN card details are not provided to them.

5. Selling/Buying a Vehicle
If you are looking forward to buy or sell a vehicle, which costs more than Rs 5, 00,000, make sure that you have a PAN card as it is mandatory to have one while doing such transaction.

6. Investing
If you are thinking about making investment in the securities, you will have to provide your PAN card details for the transactions above Rs 50,000. This is applicable to equities, bonds, mutual funds, and debentures.

7. Buying Jewellery
When buying jewellery of worth more than Rs 5, 00,000 it is mandatory to furnish the PAN card details at the time of the transaction.

8. Renting, Buying or Selling Property
In India, now renting, buying and selling properties requires a PAN card. In such cases, the PAN card details of both the seller and the buyer need to be listed on the deed as well as other documentation that are use during the transaction.

9. Foreign Exchange
If you are in a foreign country and want to exchange your Indian currency with a foreign currency, then you will need to provide your PAN card details at the exchange bureau, bank, or institution from where you getting your money exchanged.

10. Loans
If you require a loan, all the loan providers, be it, a bank or a lending company asks for your PAN details at the time of your loan application. All the loans, right from the educational loans to home loans, require the PAN card details for being approved.

11. Depositing Cash
While making cash deposits that amount to more than RS 50,000, you will be asked to furnish your PAN card details as well. This is done on the instructions of RBI that asks for the notification of large amount deposits in order to prevent the money laundering.

12. FDs (Fixed Deposits)
Fixed Deposits amounting to more than Rs 50,000 are processed with PAN card details. This is done because the bank deducts TDS on the FD’s interest amount.

13. Insurance
In case a person makes an insurance payment more than Rs 50,000 in a year, then he/she will have to submit the PAN card details.

pan card verification online

PAN Card Verification Online

The facility of Online PAN verification is provided to some entities for getting their PAN verified. If the person whose PAN card has to be verified is unavailable, another person can verify his/her PAN card, if he has all the details.

NSDL is the authorized agency that can launch an online PAN verification service for the verification of the online PAN details.

The three modes by which you can get the online PAN Card verification done are:

1. Screen based PAN Card Verification
• In order to use this service, you need to login first.
• Once you successfully login, you can furnish maximum of 5 PANs and submit them.
• You will get the results of the PANs that you have provided.

2. File based PAN Card Verification
• In order to use this service, you need to login first.
• Upload a file that has maximum of 1000 PANs in the file structure specified by the NSDL e-government.
• As soon as the file is uploaded, submit it.
• You will get the details of the PANs submitted within 24 hours.
• In case the file you submit is rejected, you will get a message of rejection from NSDL.

3. Software (API) based PAN Card Number verification
You can verify your PAN by accessing a verification website with the help of a software application.

 

How to Change/Correct Any Information on PAN Card?

How to Change Correct Any Information on PAN Card

At times, some errors might appear on your PAN Card details. Some of the most common errors are incorrect spelling of name, wrong date of birth, error in communication address, etc.

Whilst many of you might think them to be minor mistakes, they can have a huge impact on financial things that you do in the future and hence should be rectified as soon as possible.

This application must be used when the user already has a PAN Card allotted but the applicant wants to make some changes or correction in the existing PAN Card.

• Online Method
You can change and do correction in the information mentioned in your PAN card by following process:

1. Visit the official website of NSDL https://www.tin-nsdl.com/
2. Click on the Services option and from the drop-down menu select PAN option.
3. Scroll down the Services page and under the Change/Correction in PAN Data section, click on Apply option.
4. Make sure that you select the appropriate checkboxes in front of the relevant details.

Once you have uploaded all the supporting documents, the changes/ corrections will be implemented. The PAN will remain the same, only the details that have to be changed only will be reflected in the new PAN card.

• Offline Method
In case you don’t want to fill the online password, you can download an offline form by clicking the following link:

https://www.tin-nsdl.com/downloads/pan/download/PAN-CR-Form_NSDL%20e-Gov_01.06.16.pdf
The supporting documents that you will require to complete the application are:

1. Proof of Identity
2. Proof of Address
3. Proof of date of birth

How To Check PAN Card Status Online?
The PAN Card status can be checked in 4 ways:
• By UTI
• By NSDL
• By Name and Date of Birth

1. PAN Card Status UTI
You can check the status of your PAN Card by clicking on the following link:
http://www.trackpan.utiitsl.com/PANONLINE/#forward
• You just need to enter the Application Coupon Number starting with U or 10-character PAN number in the dialog boxes.
• Then enter the Code that is displayed for proving that you are not a robot.
• Click on Submit option to check the status.
• In case you have entered any incorrect information, click on Reset option.

2. PAN Card Status NSDL
You can easily check the PAN card status at NSDL by clicking the following link-
https://tin.tin.nsdl.com/pantan/StatusTrack.html
• Select your Application Type i.e. PAN-New/Change Request from the drop-down menu.
• Enter the Acknowledgement Number starting with N
• Enter the Code shown. Keep in mind that the code is case sensitive. Therefore, make sure that you take care of the case.
• Click on Submit option to check the status.
or
• Select your Application Type i.e. PAN-New/Change Request from the drop-down menu.
• Now in the next dialog box Enter your Last Name/Surname, First Name and Middle Name.
• Enter your date of birth by selecting the date and month from the drop-down menu and entering the year manually.
• Enter the Code shown. Keep in mind that the code is case sensitive. Therefore, make sure that you take care of the case.
• Click on Submit option to check the status.

3. PAN Card Status by Name and Date of Birth and Father Name
You can check the online PAN card status by your Name and Date of Birth by clicking the following link-
https://tin.tin.nsdl.com/pantan/StatusTrack.html
• Select your Application Type from the drop-down menu.
• Now in the next dialog box, enter your Last Name/Surname, First Name, and Middle Name.
• Enter your date of birth by selecting the date and month from the drop-down menu and entering the year manually.
• Enter the Code shown. Keep in mind that the code is case sensitive. Therefore, make sure that you take care of the case.
• Click on Submit option to check the status.

PAN Card Status by Acknowledgement Number
You can easily check the PAN card status at NSDL by clicking the following link-
https://tin.tin.nsdl.com/pantan/StatusTrack.html
• Select your Application Type from the drop-down menu.
• Enter the Acknowledged Number starting with the letter N
• Enter the Code shown. Keep in mind that the code is case sensitive. Therefore, make sure that you take care of the case.
• Click on Submit option to check the status.

PAN Card Related Frequently Asked Questions

Q1. How should I apply for a PAN card?
Answer: If you do not have a PAN card and are an Indian National, you can apply for it, by selecting this link:
https://www.onlineservices.nsdl.com/paam/endUserRegisterContact.html
In case you are a foreign national, then apply for a PAN card by clicking here:

https://www.onlineservices.nsdl.com/paam/endUserRegisterContact.html
The supporting documents that you will require to complete the PAN application are:
1. Proof of Identity
2. Proof of Address
3. Proof of date of birth

Q2. What documents are required for applying for PAN?
Answer: 3 documents have to be submitted with your PAN card application at the time of applying for a new PAN Card. They are:

1. Proof of Identity
2. Proof of Address
3. Proof of date of birth

To know which documents are accepted by the PAN authority, click the following link:
https://www.tin-nsdl.com/services/pan/documents49A.html

Q3. Who all are eligible for applying for a PAN?
Answer: All the taxpayers, property owners and the people who have to file income tax return, even on other’s behalf, are eligible for PAN. In addition to this, the people who want to intend to do economic or financial transactions where PAN is mandatory can also apply for PAN.

Q4. Is it illegal to possess more than 1 PAN?
Answer: Yes, it is illegal to be a holder of more than 1 PANs.
In case you have more questions to ask, you can visit the following link:
https://www.tin-nsdl.com/faqs/pan/faq-pan-general.html

Pan Card Status

Always make sure you have proper guideline before filling up details for your pan card. Double check all the written information.

Many people face problem related to typing error, so make sure that you don’t make such mistakes.

Before entering any information you must have to understand the format and rules.

For an example, when we write our name, we need to filled it with a surname at the start and the standard date format is DD/MM/YYYY as per the Indian. So, that’s all about the pan card status online.

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