Can A Person With No Income Apply For PAN Card?

Can I get salary without PAN card?

Employer may cut 20% tax from your salary on not sharing PAN, Aadhaar.

The new norm will be applicable to employees whose salary is above the threshold of Rs 2.5 lakh a year.

Furnishing of PAN or Aadhaar number is mandatory for the employees in case of receipt of any sum or income or amount, on which tax is deductible..

Can I apply for pan without Aadhar card?

However, under the income tax department rules not everyone can use Aadhaar card to get a new Permanent Account Number or PAN through the e-filing portal. … 1) All those who have been allotted a PAN card before cannot use the facility to apply for the instant e-PAN.

If your PAN is not linked with Aadhaar by the current deadline of March 31, 2020, then the PAN will become inoperative. An individual having an inoperative PAN will not be able to conduct financial transactions wherever quoting it is mandatory. … Using a non-operative PAN is the same as not having a PAN.

Is PAN card is necessary for bank account?

PAN card is a compulsory Government document which is needed in most of the financial transactions. The Income Tax Department made it mandatory to link bank account with PAN. The main reason for linking PAN card with a bank account is that in case of income tax refunds, it will be credited easily to the bank account.

Is Minor PAN card valid?

A PAN card issued in the name of a minor does not contain the minor’s photograph or signature, and therefore, cannot be used as a valid proof of identity. Once a minor PAN card holder turns 18, the relevant changes must be made in the PAN records.

Why PAN number is required for cash deposit?

To keep a track on tax evasion and black money, the taxman has made it mandatory to quote PAN card number for carrying out several financial transactions. In case you do not hold PAN card, you will have to sign Form 60 declaration.

What documents are required for PAN card?

Here’s a list of documents you can use for your PAN card application, according to the Income Tax Department:Aadhaar card.Elector’s photo identity card.Driving license.Passport.Ration card having photograph of the applicant.Arm’s license.More items…•

Where can I get AO code for PAN card with no income?

Step 1: Visit and login to https://incometaxindiaefiling.gov.in. Step 2: Click on ‘Profile Settings’ and click on ‘My profile’ as shown below. Step 3: Click on ‘PAN Card’, and it will display all the details along with the details of Area Code, AO Type, Range Code, AO Number, and Jurisdiction, as shown below.

How can I get PAN card in 2 days?

How To Get PAN Card Within Two Days?Step 1: Log in to NSDL website. Visit the NSDL website (https://nsdl.co.in/) and select the appropriate form from the options provided. … Step 2: Select the type of form. … Step 3: How to submit the application for PAN? … Step 4: Track the status of your application. … Step 5: Get the PAN card within 48 hours.

What is the age limit to get PAN card?

It is a common misconception among people that Permanent Account Number (PAN) is applicable only for individuals above 18 years of age. However, the Income Tax Department has not mentioned an age limit for availing a PAN card, which means that even minors are eligible to apply for it.

Section 139 AA (2) of the Income Tax Act states that the Aadhaar number must be intimated to the tax authorities by every individual who is eligible to avail an Aadhaar and has a PAN cards as of 1 July 2017.

What do you do if you don’t have a PAN card?

Those who do not have a PAN card can fill Form 60 under the Income Tax Rules, 1962. Form 60 is nothing but a signed declaration stating that you do not have a PAN card and your income is below taxable limits. It also seeks details of your income. Only those who do not hold a PAN card can fill this form.

Can we get PAN card in 10 minutes?

The Narendra Modi government has made it easy to get a Permanent Account Number (PAN) card. The new applicants are no longer required to fill a detailed application form Now. One can get a PAN card instantly in 10 minutes. The service was announced by Union Finance Minister Nirmala Sitharaman earlier this year.

note that if there is a mismatch, you need to get the same corrected in either of the documents. g) If the details match, enter your Aadhaar number and click on the “link now” button. i) You may also visit https://www.utiitsl.com/ OR https://www.egov-nsdl.co.in/ to link your PAN and Aadhaar.

It is mandatory to link Aadhaar to your PAN card even if you are not a taxpayer or else the PAN card will become invalid. Yes , as per income tax act . it is mandatory to Link Aadhaar to your pan card .