How to get INSTANT PAN! Apply for e-PAN on new Income Tax website - Full process, steps here


 






Permanent Account Number abbreviated as PAN is a unique 10-digit alphanumeric number issued by the Income Tax Department to Indian taxpayers.

Through this, the department records all tax-related transactions and information of an individual against his unique PAN card. This allows the taxman to link all tax-related activities with the department.

The Income Tax Department has mandated the use of PAN on the return of income on all tax-related transactions. PAN is an integral aspect when it comes to tracking the transactions and monitoring the inflow and outflow of an individual’s money. The PAN acts as a database for all individual transactions like the tax collected at source (TCS)/tax deducted at source (TDS) credits, income tax payments, return on gift/investments/wealth, bank account opening, applying for credit or debit card, large amount financial transactions, etc.

This facility is available on the new income tax portal incometax.gov.in. Through this, you can download an e-PAN card without the PAN number by using the Aadhaar number. But make sure that your Aadhaar should be linked with your PAN.

However, e-PAN facility can be used under the following conditions

The person has never been allotted a PAN before.
The person mobile number is linked with the Aadhaar number.
The person complete date of birth is available on the Aadhaar card.
The person should not be a minor on the date of application for PAN.
If the Aadhaar-PAN link is not completed, then e-PAN can't be downloaded.



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