You carry an identification as you roam around your city. This identification may be a driving license, passport, Voter's ID Card or a PAN Card. Among all these documents, PAN Card is what you are most likely to carry around. You visit a cyber cafe and they ask you for an identification. Out comes your wallet and you show the PAN Card.
As you show your PAN Card around, chances are you might lose it somewhere. So, what will you do on losing a PAN Card?
Your PAN Card carries a number. This is essentially an alpha-numeric identity which remains yours, even if you lose your PAN Card. If you lose the PAN Card, there's no need to apply for a new one. You simply apply for a reprint of the PAN card.
Want to know more on tax planning? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice / education to ensure that you are not mis-guided while buying any kind of financial products.
Your PAN Card is very important and the first thing you do on losing it? You report the loss to the Police to prevent its misuse. You need PAN for filing Income tax returns and this makes it a very important document.
The IT Department permits applications for PAN only through two agencies. NSDL (National Securities Depository Ltd) and UTIITSL (UTI Infrastructure Technology And Services Ltd). You can apply for a New PAN, Changes or corrections in existing PAN Data or reprint of the PAN Card.
Just check out this link to reprint PAN Card.
You then choose the mode of submission of the required documents. You can either use the Aadhaar-based eKYC method or send the scanned documents along with a digital signature or even send physical documents like copy of lost PAN, Proof of identity and address, Proof in support of changes if any to the PAN processing office of the IT Department.
SEE ALSO: How To Link Aadhaar With PAN?
If you select the Aadhaar-based eKYC method, the PAN Card will be sent to the address, you have filled in the PAN database. You need to have the mobile phone number which is associated with your Aadhaar, as the authentication via OTP (One Time Password), will be sent to this number.
The details you have submitted in Aadhaar should be exactly the same as name, date of birth and gender in the PAN application.
Let's say you submit, scanned documents with the eSign. You will have to submit an identity and address proof and also the proof of an existing PAN in subsequent steps.
Lost your PAN? There's no need to panic. You don't need to apply for a new number. You just apply for a reprint of your card. Be Wise, Get Rich.
The research team at IndianMoney.com comprises of certified and experienced professionals who share the company's vision to make every Indian financially literate by equipping every Indian with right and unbiased advice. IndianMoney.com research team provides newsletters, articles, videos and FAQs on various financial products and concepts only to help you make wise financial decisions.
Subscribe to our Youtube Channel