PAN Card Office In Indore
What is PAN Card?
Today
PAN Card has become a very vital document. However, it is important to
clarify that when we talk about PAN, we actually mean a ten-digit
alphanumerical number issued by the Income Tax Department in the form of
a laminated card.
In its full form, it is
known as the Permanent Account Number and such number has become
mandatory not only for paying income tax, but also in many other cases.
Since PAN Card office In Indore is located in the M.G. Road, there is no
reason why every adult should not obtain the number. Following are the
details of the said office:
Why is PAN Card Important?
As
we have already indicated, PAN Card is important for a number of
reasons. Let us next look into why every adult citizen of India must own
a PAN. Foremost, it is mandatory to quote PAN - in all correspondence with Income Tax Authority
- while submitting returns on income
- on challans on any payments due to the Income Tax Department
- in all documents pertaining to financial transactions notified from time-to-time by the Central Board of Direct Taxes
- for making one-time deposit exceeding Rupees fifty thousand with a Bank or Post Office
- for making cash deposit of Rupees fifty thousand or more in banks
- for buying or selling immovable property such as land or buildings, movable properties such as vehicles
- for payments in cash to hotels and restaurants in case the amount exceeds Rs. 25,000
- for payment in cash in connection with travel to any foreign country
- for obtaining telephone connection
Therefore, we see that PAN is essential not only for submitting income tax; one needs such a card in everyday life as well. In fact, since the PAN card carries the photograph of the cardholder, it is also accepted as a proof of identity by all governmental as well as non-governmental agencies. Let us next see how we can obtain such a card.
How To Apply For Pan Card in Indore
There
are two ways to do that. If the applicant decides to get the PAN Card
on his/her own, without taking any help from the innumerable PAN
consultants that dot the city, one can easily do that. The first step is
to visit the official Web sites of the Income Tax department or UTI
Investor Services Ltd or National Securities Depository Limited and
download the PAN application form (Form 49A).Filling up the form comes next. Here it is important to note that all information has to be correct and so it is wiser to double check. Another important point to remember is that the applicant is required to mention the designation and code of the concerned Assessing Officer of the Income Tax department in Form 49A. However, this can be obtined from the IT PAN service centres mentioned in the above mentioned Web sites.
Next are the documents to be submitted. The applicant will need a recent colour photograph (stamp size: 3.5 cm x 2.5 cm) to be attached on the form. Other than that one also has to submit proof of identity as well as proof of residence and a small processing fee along with the application form. In Indore, there are many Tax Information cum Pan Centres; the form has to be deposited in anyone of them. Here is a list of such centers:
TAX Information cum Pan Centres in Indore
Applying For Pan Cards Through Consultants
One can also decide to work through PAN consultants. There are quite a few of them in Indore. Although one has to pay a consultant’s fee, this process is more popular. One just has to sign on the dotted line and provide the documents; the rest of the work is done by the consultant. It is for each applicant to choose the modus operandi.Address of Pan Card Office in Indore
PAN Card Office INDORE (Region – West)UTI Infrastructure Technology And Services Limited, City Centre, 2nd Floor, Unit No. 217 and 217
A570, M. G. Road, INDORE Madhya Pradesh - 452003
Telephone Number - (0731) 6462903
Email ID - isw.indore@utiitsl.com