You need to have a Permanent Account Number (PAN) for various purposes, such as filing income tax returns, opening a bank account, performing financial transactions, etc. Whereas previously you had to fill out a form and submit documents to get a PAN card, which may take up to 15 days, you can now get an instant e-PAN from the income tax department. e-PAN is a digitally signed PAN card issued in electronic format by the IT department. The applicant must have a valid Aadhaar number or digital signature to obtain an ePAN.
How to register?
An applicant can request the e-PAN via https://www.pan.utiitsl.com/PAN/newA.do. Click on the option “Request a New PAN Card (Form 49A).” After that choose “digital mode” to get instant ePAN. In digital mode, applicants do not need to submit a physical copy and the application form will be signed using an electronic signature or digital signature based on Aadhaar. Make sure your Aadhaar is updated with your cell phone number. An OTP is sent to the mobile number registered with Aadhaar, to perform the e-KYC.
Applicants do not need to provide supporting documents such as date of birth and proof of address. e-PAN is generated using the details of the information available in the Aadhaar database. However, it is necessary to upload an image of his signature and a recent photograph in the prescribed format.
Since Aadhaar plays an important role in uploading your PAN, please make sure your Aadhaar information is correct as the request may be rejected if there is a data mismatch.
When applying, the applicant has the possibility to choose whether he wishes both a PAN card and an e-PAN or just an ePAN. If you need physical PAN card with e-PAN, you need to pay ??107, where as if you only needed e-PAN fees are ??66.
You can print out the ePAN for uses.
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