​​​​​​What i​s ​​PAN?

PAN stands for Permanent Account Number. PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. Given below is an illustrative PAN: ALWTG5809L

The fourth character of PAN represents the status of the PAN holder. A trust is represented by the character ‘T’ (E.g. ALWTG5809L).

What are the charges for obtaining a PAN?

The charges for applying for PAN is Rs. 110 (Application fee Rs. 93 + 18% GST) for Indian communication address and Rs.1020 (including GST) for foreign communication address.

Documents and information to be submitted with PAN application?

A trust registered in India shall submit Copy of trust deed or copy of certificate of registration number issued by Charity Commissioner along with the PAN application.

In case trust is formed outside India, it shall submit the following documents along with the PAN application form:

• Copy of Certificate of Registration issued in the country where the applicant is located, duly attested by “Apostille” (in respect of the countries which are signatories to the Hague Apostille Convention of 1961) or by the Indian Embassy or High Commission or Consulate in the country where the applicant is located or authorised officials of overseas branches of Scheduled Banks registered in India
• Copy of registration certificate issued in India or of approval granted to set up office in India by Indian Authorities.

Who has to sign the PAN application i.e. Form 49A/49AA?

Application for PAN shall be signed by the trustee (left thumb impression in case trustee is unable to sign).