Who Can Apply for a PAN using the 49A application?ġ.
Through this form the Income tax department of India aims at collecting crucial personal details such as name, date of birth, and address, along with supporting documents for verification, and finally issuing the applicant with a unique 10-digit alphanumeric PAN. The sole purpose of 'Form 49A' is to obtain a 'Permanent Account Number', and it is required for both Indian citizens residing in India and non-resident Indians (NRIs) holding Indian passports for obtaining their PAN cards either in India or from abroad. What is the primary purpose of this form?
Once the form is filled and submitted along with the necessary supporting documents, the Income Tax Department processes the application and dispatches the PAN card to the applicant's address as per the POAs. It requires the applicant to provide personal details such as their full name, date of birth, address, contact information, and details of identity and address proofs (POAs) submitted for verification. 49A is one of the three PAN card application types that is used for the allotment of a 'permanent account number (PAN)', and is specifically meant only for Indian citizens (both resident Indians and non-resident Indians - including NRIs living in The United Kingdom or other parts of the world), minors, Hindu Undivided Families (HUFs), India-based companies and any other entity registered under the Ministry of corporate affairs.