What is PAN

Permanent Account N​umber (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, to ​any "person" who applies for it or to whom the department allots the number.

How to apply for PAN?

• 1) Online Application - An online application can be made from the website of UTIITSL or NSDL
• Click to apply Online
• 2) Through PAN Application Center - Application for PAN can be submitted at the PAN Application center

                               (a)NSDL

(b)UTITSL

 Forms

• Apply for PAN
• Change Your PAN Data

Document Required for PAN Application - seemore

Status of PAN

• NSDL
• UTITSL

Online PAN Verif​ication

By using the Online PAN Verification facility, one can know/verify the Permanent Account ​Number (PAN). This facility is referred to as "PAN Verification" or "Know Your PAN".. seemore

PAN Grievances

Income-tax department has an electronic portal for lodging PAN Grievances through Aayakar Sampark Kendra.. seemore

Know Your Assessing Officer - seemore

Your Queries on PAN

• What is the validity of PAN? 
• Ans: ​​PAN obtained once is valid for life-time of the PAN-holder throughout India. It is not affected by change of address or change of Assessing Officer etc. However, any change in the PAN database (i.e. details provided at the time of obtaining PAN) should be intimated to the Income Tax Department by furnishing the details in the form for “Request For New PAN Card Or/ And Changes or Correction in PAN Data”.​
• ​​Can a person hold more than one PAN?
• Ans: A person cannot hold more than one PAN. If a PAN is allotted to a person, then he cannot apply for obtaining another PAN. A penalty of Rs. 10,000/- is liable to be imposed under Section 272B of the Income-tax Act, 1961 for having more than one PAN.

  If a person has been allotted more than one PAN then he should immediately surrender the additional PAN card(s). 
• ​Should I intimate my PAN to deductor ? 
• Ans:Yes, you should intimate your PAN to the deductor i.e. person deducting tax. From 1st April, 2010, non-furnishing of PAN to deductors results in TDS at much higher rate of 20% or even more.
• ​​Is it mandatory to file return of income after getting PAN?
• Ans:Return is to be filed only if you are liable to file return of income under section 139.
  It is not mandatory to file return of income after getting PAN.

View Information specific to:

• Individual
• HUF

• Firm
• LLP

• AOP/BOI
• Non-Resident Indian/Person of Indian Origin

• Domestic Company
• Foreign Company

• Trust
• Tax Deductor 

 Source: https://www.incometaxindia.gov.in/Pages/pan.aspx

How to file Income Tax Returns

Upload Income Tax Return 

To Upload ITR , please follow the below steps:

1.     Download the ITR preparation software for the relevant assessment year to your PC / Laptop from the "Downloads" page.

2.     Prepare the Return using the downloaded Software.

o    Gather all the information regarding your income, tax payments, deductions etc.

o    Pre-populate the personal details and tax payments/TDS by clicking on the 'Pre-fill' button. Compare with the information you have to ensure that nothing is left out.

o    Enter all data and click on 'Calculate' to compute the tax and interest liability and final figure of Refund or Tax payable

o    If Tax is payable- remember to pay immediately and enter the details in appropriate schedule. Repeat above step so that tax payable becomes zero

o    Generate and save the Income Tax Return data in XML format in the desired path/place on your PC/Laptop.

3.     Login to e-Filing website with User ID, Password, Date of Birth /Date of Incorporation and enter the Captcha code.

4.     Go to e-File and click on "Upload Return".

5.     Select the appropriate ITR, Assessment Year and XML file previously saved in Step 2 (using browse button). 

6.     Upload Digital Signature Certificate (DSC), if applicable. Please ensure the DSC is registered with e-Filing.

7.     Click on "Submit" button.

8.     On successful submission, ITR-V would be displayed (if DSC is not used). Click on the link and download the ITR-V. ITR-V will also be sent to the registered email. If ITR is uploaded with DSC, the Return Filing process is complete. 

OR

 
The return is not uploaded with DSC, the ITR-V Form should be printed, signed and submitted to CPC within 120 days from the date of e-Filing. The return will be processed only upon receipt of signed ITR-V. Please check your emails/SMS for reminders on .non-receipt of ITR-V.

Upload Income Tax Return process is complete now. 

Prepare and Submit ITR Online

To Prepare and Submit ITR Online, please follow the below steps : 

1.     Login to e-Filing website with User ID, Password, Date of Birth /Date of Incorporation and Captcha.

2.     Go to e-File and click on "Prepare and Submit ITR Online".Only ITRs 1 and 4S can be filled online

3.     Select the Income Tax Return Form ITR 1/ITR 4S and the Assessment Year.

4.     Fill in the details and click the "Submit" button.

5.     Upload Digital Signature Certificate (DSC), if applicable. Please ensure the DSC is registered with e-Filing.

6.     Click on "Submit" button.

7.     On successful submission, ITR-V would be displayed (if DSC is not used). Click on the link and download the ITR-V. ITR-V will also be sent to the registered email. If ITR is uploaded with DSC, the Return Filing process is complete. 

OR

 
The return is not uploaded with DSC, the ITR-V Form should be printed, signed and submitted to CPC within 120 days from the date of e-Filing. The return will be processed only upon receipt of signed ITR-V. Please check your emails/SMS for reminders on .non-receipt of ITR-V.

This ends the process of preparing & submitting ITR Online by Taxpayer. ​​

see more at: https://www.incometaxindia.gov.in/Pages/tax-services/file-income-tax-return.aspx

CBDT has extended the due date for filing Income Tax Returns & Audit Reports from 15th October 2018 to 31st October 2018

CBDT has extended the due date for filing Income Tax Returns & Audit Reports from 15th October 2018 to 31st October 2018. However, there shall be no extension of the due date for purpose of Explanation 1 to Section 234A (Interest for defaults in furnishing return) of the Act and the assessee shall remain liable for payment of interest as per provisions of section 234A of the Act.

 see more at: https://www.incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF_News/Extension-of-due-date-for-auditable-cases-order-us-119-of-the-Act-08-10-2018_(1).pdf

TDS Registeration under GST Act

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)]

Government of India Ministry of Finance (Department of Revenue)

Central Board of Indirect Taxes and Customs

Notification No. 50/2018 – Central Tax

New Delhi, the 13th September, 2018

G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Central  Goods  and  Services  Tax  Act,  2017  (12  of  2017)  and  in  supercession  of  the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 33/2017-Central Tax, dated the 15th September, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1163 (E), dated the 15th September, 2017, except as respects things done or omitted to be done before such supersession, the Central Government hereby appoints the 1st  day of October, 2018, as the date on which the provisions of section 51 of the said Act shall come into force with respect to persons specified under clauses (a), (b) and (c) of sub-section (1) of section 51 of the said Act and the persons specified below under clause (d) of sub-section (1) of section 51 of the said Act, namely:-

(a) an authority or a board or any other body, -

(i)        set up by an Act of Parliament or a State Legislature; or

(ii)       established by any Government,

with fifty-one per cent. or more participation by way of equity or control, to carry out any function;

(b) Society established by the Central Government or the State Government or a  Local

Authority under the Societies Registration Act, 1860 (21 of 1860); (c) public sector undertakings.

[F. No. 349/58/2017-GST(Pt.)]

 (Gunjan Kumar Verma) Under Secretary to the Government of India