e-PAN is a valid proof of Permanent Account Number (PAN) card and is of great importance to the business people and working-class for performing financial transactions and for filing income tax returns.
e-PAN has a Quick Response (QR) code that includes personal information about the cardholder, such as the person’s name, date of birth, and photograph. These details can be properly recognized through a Quick Response (QR) code reader. PAN applicants who have a valid Aadhaar number and their mobile number registered with the Aadhaar card can access this facility. The allotment process is paperless, and this Electronic PAN (e-PAN) is issued to the applicants without paying money.
Permanent Account Number (PAN), the unique 10-digit alphanumeric, is issued by the tax department and is valid for a lifetime, which can be obtained online. Electronic PAN(e-PAN) is a digitally signed PAN card issued by the Income-tax department in digital format or electronically.
Every person having a business or profession with a total sale, turnover, or gross receipts, which exceeds ₹ 5 lakhs, has to obtain a PAN card. Furthermore, every individual who wants to carry out a specific financial transaction in which offering a PAN card is mandatory, the individual must obtain the PAN card.
The steps below show how to apply for the PAN card through Aadhaar based (Electronic- Know Your Customer) e-KYC directly.
The process of applying instant PAN is simpler and easy.
– The Permanent Account Number (PAN) applicant needs to access the e-filing website provided by the Income Tax Department to enter the valid Aadhaar number.
– Then the One Time Password(OTP) is received on the Aadhaar registered mobile number must be submitted.
– After the completion of this process, a 15-digit acknowledgment number is generated.
-Check the request status anytime by entering the valid Aadhaar number and after the successful allotment, the person can download the e-PAN.
– Once the e-PAN is registered with Aadhaar, it is sent via e-mail to the corresponding recipient.
People who already have a PAN card can apply for a paid facility to download their e-PAN.