PAN Card is an essential document for every Indian citizen. According to Section 139A of Income Tax Act, 1961, all citizens of India must have a PAN (Permanent Account Number). PAN is an account number with 15 digits, which needs to be paid while paying taxes and filling income tax returns. Just as the importance of the PAN card has increased in today’s time, the process of making it the same is also easier than ever. Pan card can be built offline as well as through online medium.
PAN Card is an important document which we can use in day to day important jobs. Main importance of PAN-ARD to file yearly income tax return, need ID proof for reservation of tatkal ticket, for different financial transactions, for opening Bank or D-mat account for trading shares, for buying or selling any fixed assets, for receiving professional fees and many more.