How long does it take to generate PAN number?
Usually it takes around 21 days for the applicant to receive the Permanent Account Number after the application is filed. Under the fast tracked process, the PAN card is issued within 48 hours.
How many days will it take to get Acknowledgement number?
The applicants may track the status of their application using 15 digit unique Acknowledgment Number after three days of application using the status track facility. Alternatively, applicant may call TIN Call Centre on 020 – 2721 8080 to enquire about the status of application.
Is ePAN valid for KYC?
Answer: Yes, e-PAN is a valid proof of PAN. e-PAN contains a QR code having demographic details of PAN applicant such as name, date of birth and photograph. These details are accessible through a QR code reader.
How much time does it take to get a PAN card?
E-KYC, the fastest mode. Takes only 2–3 days for new PAN Card generation. E-Sign, approx. 7–8 days for for new PAN Card generation. Online application,Online Payment and physical submission of documents by India Post, takes approx 20–25 days.
How long does it take to get Permanent Account Number (PAN)?
In some cases, the wait can even extend to 45+ days, depending on the location of the applicant. An official from Income Tax department has stated that a new methodology would be soon adopted by the Govt., which will enable issuance of Permanent Account Number (PAN) within 48 hours flat.
What is a PAN card or personal account number?
A PAN Card or Personal Account Number is a very important document which is used for tracking any kind of financial transaction that is made by the Income Tax Department which comes under the purview of the Government of India. This helps in rooting out any kind of tax evasion as every transaction is now linked to the PAN Card and recorded.
What is the validity of a PAN card?
PAN Card is a photo identity issued by the Government of India. It serves as an identity proof anywhere in the country. Its validity is for a lifetime. What is the process to apply for PAN Card in 48 hours?