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How can a student get PAN card?

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How can a student get PAN card?

Documents Required to submit a PAN card application for students:

  1. Passport copy.
  2. Aadhaar card copy.
  3. Driving Licence copy.
  4. Voter’s ID card copy.
  5. Ration card copy (with the photograph)
  6. Original identity certificate attested by a Gazetted Officer or MLA.
  7. Bank certificate duly signed by the Branch Manager.

Can a 18 year old get a PAN card?

PAN cards are usually obtained after the age of 18, but they can also be made before the age of 18. PAN cards are usually obtained after the age of 18, but they can also be made before the age of 18. PAN card is a vital document as it is required for any financial transaction.

Can a person below 18 have PAN card?

Yes, individuals can apply for PAN Card for a minor child without any hassle. Minor is a person who is below the age of 18 years. Parents, guardians or representative assessee’s of the minor can apply for PAN card.

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Who needs a PAN card?

of PAN is mandatory. Every non-individual resident persons and persons associated with them shall apply for PAN if the financial transaction entered into by them during the financial year exceeds Rs. 2,50,000.

Can I have PAN card without job?

All Indian citizens having the source of income and valid proofs (as prescribed by the Income Tax Department) are eligible to apply for PAN card. Obtaining a PAN card or Permanent Account Number is mandatory for every tax payer or the person who needs to file an income tax return on behalf of self or others.

Why is PAN card needed?

PAN Card is important for taxpayers as it is necessary for all financial transactions and is used to track the inflow and outflow of your money. It is important when paying income tax, receiving tax refunds, and receiving communication from the Income Tax Department. PAN Card also serves as a proof of identity.

How can I get minor PAN card?

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Applying for a PAN Card for a Minor

  1. Visit the Tax Information Network website of the NSDL and click on the “Online PAN Application” tab.
  2. Select the appropriate option from the drop-down menu, i.e. Form 49 or Form 49A, depending on your residency status.

Should everyone have a PAN card?

All existing assessees or taxpayers or persons who are required to file a return of income, even on behalf of others, must have a PAN. Any person, who intends to enter into economic or financial transactions where quoting PAN is mandatory, must also have a PAN.

Is income necessary for PAN card?

Who needs PAN?

Who has to obtain PAN? of PAN is mandatory. Every non-individual resident persons and persons associated with them shall apply for PAN if the financial transaction entered into by them during the financial year exceeds Rs. 2,50,000.

What is a PAN card for students?

PAN Card for Students A PAN (Permanent Account Number) card is a non-transferable identity card issued by the NSDL behalf of the Government of India. The card is required for all individuals who file tax returns or apply for a tax refund. An individual can also use his/her PAN card as a proof of identity and proof of age.

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Do students need a PAN card to file taxes?

Students don’t NEED a PAN card unless they are required to file ITR. In case the student has income more than the basic exemption limit and is required to file ITR, then a PAN is required. Students usually have incomes like stipend from internships or fellowship programs [ 1] , prize money from competition, etc.

Do I need a PAN card to apply for a refund?

The card is required for all individuals who file tax returns or apply for a tax refund. An individual can also use his/her PAN card as a proof of identity and proof of age. Being a government-issued card, it is accepted as ID proof for everything from buying a vehicle to applying for a loan.

Is there any age limit for applying for a PAN card?

It is a common misconception among people that Permanent Account Number (PAN) is applicable only for individuals above 18 years of age. However, the Income Tax Department has not mentioned an age limit for availing a PAN card, which means that even minors are eligible to apply for it.