For the purpose of paying income taxes and obtaining government benefits, every person who earns money is given a Permanent Account Number (PAN), a 10-digit alphanumeric number. Form 49AA for PAN Cards is primarily an application used by non-Indian citizens and non-individual businesses founded outside of India. In this article, we will share everything you need to know about PAN application form 49AA.
What is Form 49AA?
OCI card holders or people of Indian origin (PIO) having foreign citizenship as well as foreigners who are not of Indian origin are required to fill application form 49AA to apply for a PAN Card in India.
From Where can One Get the Form 49AA?
Individuals can download the application form 49AA online from UTIITSL (UTI Infrastructure and Technology Services Limited), Protean eGov Technologies Limited official website or NSDL (National Securities Depository Limited) e-Governance website. People must correctly fill out the form after successfully downloading it, then proceed to make the required payment online. The applicant must fill out the KYC information on PAN Card Form 49AA and then submit the form along with necessary documents.
Structure of Form 49AA:
Both individuals and companies need to fill in the KYC details, however, there are some details which may vary for individuals and non-individuals (companies).
For Individuals:
Given below are the details that individuals need to fill in the form 49AA-
1. Marital status
2. Citizenship status
3. Occupation details (private sector, public sector, or self-employed)
For Companies:
Given below are the details that companies or non-individuals need to fill in the form 49AA-
1. Type of the company (public, private, non-governmental or charitable organization)
2. Net-worth (assets minus liabilities) in INR
3. Gross annual income in INR
4. If the company is involved in any of the following services – gaming/gambling/lottery services (casinos and betting syndicates) or money lending, pawning, foreign exchange, and money changer services, they need to mention the same in the form.
5. Taxpayer Identification Number or TIN in the residential country.
6. If the entity has few persons or persons of the same family holding beneficial ownership and control.
7. Whether an applicant or his/her authorized trustee or signatory have political involvements.
Instructions: How to Fill Form 49AA?
Form 49AA has 17 sections and a number of subsections to make it easier for applicants to complete the PAN card application. All the information should be filled in English, that too in block letters. It is advisable to use a ball pen instead of an ink one. The list of sections of the form 49AA that need to be filled are listed below:
1. Assessing Officer Code: The first field that the applicant needs to fill is of Assessing Officer that consists of AO Type, Range number, or AO number. You can get information regarding the same from the NSDL website.
2. Full Name: The applicants need to fill in their title such as Mr./Mrs./Ms./ along with their surname, full name, and middle name.
3. Other Name: If the applicant is known by any other names, then he/she has to fill that in this section.
4. Gender: You have to mark your gender carefully from the options provided.
5.Date of Birth: One must enter his/her Date of Birth/Incorporation/Agreement/ Partnership/Association of Person in the next field.
6. Details of Parents: In this particular section, an individual has to fill in the details of his/her parents.
7. Address: You need to fill both residential and office addresses with the necessary details such as name of the premises/building, area, town, city, district, PIN Code, etc.
8. Telephone number and Email address: As the candidate is outside of India, they must provide the ISD code for their phone number. It is also vital for them to provide the country’s name as well as the Zip code. A valid e-mail address needs to be provided for any updates related to the PAN application.
9. Status of the Applicant: Status of the applicant such as Individual/Company/Partnership Firm and others mentioned in the form needs to be tick-marked.
10. Registration Number: If you are a company or a firm, you need to provide the registration number.
11. Country of citizenship: Mention the country of your citizenship in the section provided.
12. Source of Income: Whether it is salary, income from business, income from House property/Capital Gains or no income, one must carefully fill out their source of income.
13. Documents Required: You need to submit all the necessary documents along with the filled PAN application form.
14. KYC Details: It is mandatory to provide KYC details in case of an application filled by a Foreign Institutional Investor or a Qualified Foreign Investor, as prescribed under the regulations issued by Securities and Exchange Board of India (SEBI).
15. Declaration: In this particular section, you need to fill your name, date, place and signatures/ left thumb impression on the form.
NOTE: You need to fill all the details accurately in the form as inaccurate information may lead to denial of the PAN application.
Where Should One Submit the Form 49AA?
1. After you have finished filling up the form, submit the form to NSDL e-Govt. or UTIITSL office along with other required documents.
2. To submit your printed PAN card application form at Protean eGov Technologies Limited office, the application needs to be sent at – Income Tax PAN Services Unit, Protean eGov Technologies Limited, 5th Floor, Mantri Sterling, Plot No. 341, Survey No. 997/8, Model Colony, Near Deep Bungalow Chowk, Pune – 411 016.
3. If the applicant has applied for the Permanent Account Number from UTIITSL, the application form along with the relevant documents can be submitted at any of the addresses mentioned below:
PAN PDC Incharge – Mumbai region
UTI Infrastructure Technology And Services Limited, Plot No. 3, Sector 11, CBD Belapur, Navi Mumbai – 400614
PAN PDC Incharge – Kolkata region
UTI Infrastructure Technology And Services Limited, 29, N. S. Road, Ground Floor, Opp. Gilander House and Standard Chartered Bank, Kolkata – 700001
PAN PDC Incharge – Chennai region
UTI Infrastructure Technology And Services Limited, D- 1, First Floor, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai – 600032
PAN PDC Incharge – New Delhi region
UTI Infrastructure Technology And Services Limited, 1/28 Sunlight Building, Asaf Ali Road, New Delhi – 110002
Documents Required for Form 49AA
Here are the necessary documents that are supposed to be submitted along with PAN Card Form 49AA for Proof of Identity and Proof of Address.
Documents for Proof of Identity (Copy of Any One of):
1. Passport
2. PIO card issued by Government of India
3. OCI card issued by Government of India
4. Other national/citizenship Identification Number/Taxpayer Identification Number duly attested by “Apostille” or by the Indian Embassy/High Commission/Consulate in the country where the applicant is located or authorized officials of overseas branches of Scheduled Banks registered in India.
Documents for Proof of Address (Copy of Any One of):
1. Passport
2. PIO card issued by Government of India
3. OCI card issued by Government of India
4. Other national/citizenship Identification Number/Taxpayer Identification Number duly attested by “Apostille” or by the Indian Embassy/High Commission/Consulate in the country where the applicant is located or authorized officials of overseas branches of Scheduled Banks registered in India.
5. Bank account statement in the country of residence
6. NRE bank account statement in India
7. Certificate of Residence in India or Residential permit issued by the State Police Authorities
8. Registration certificate issued by the Foreigner’s Registration Office showing Indian address
9. Visa granted and Copy of appointment letter/ contract from Indian Company & Certificate (in original) of Indian address issued by the employer
Form 49AA Fees:
You can submit the fees for processing the PAN application form via credit card, debit card or net banking.
1. If a physical PAN Card is required, Rs.107/- (including goods & service tax) will have to be paid by the applicant, however, if the PAN card is to be dispatched outside India then additional dispatch charge of 910/- will have to be paid by the applicant.
2. If a physical PAN Card is not required, then an amount of Rs. 72/- (including goods & service tax) will have to be submitted. Applicants will have to mention on the top of the application form “Physical PAN Card not required”. In such cases, email ID will have to be provided to receive e-PAN Card.
Form 49AA Correction Form:
If you want a new PAN card with the same PAN data or/and Changes or Correction in PAN data, you can fill out the ‘Request for New PAN Card or/and Changes or Correction in PAN Data’ form available on UTIITSL or NSDL website. The cost of the application and processing fee is the same as in the case of Form 49AA.
Contact SBNRI
Due to lack of resources, NRIs/ foreign nationals may sometimes find it difficult to apply for a new PAN card or correct the information in the existing PAN card. We at SBNRI, understand this struggle and are here to help you out with everything. You can get in touch with our expert directly on WhatsApp using the button below to resolve your doubts and queries. Visit our blog and YouTube Channel for more details.
FAQs
No, you cannot apply for a PAN card if a PAN card is already allotted to you. However, you can apply for a new PAN card with the same PAN data or/and Changes or Correction in PAN data by filling out ‘Request for New PAN Card or/and Changes or Correction in PAN Data’ form available on UTIITSL or NSDL website.
People who hold Indian citizenship and are settled abroad i.e. NRIs can fill out the Form 49A. The applicants can get the form 49A from UTIITSL, Protean eGov Technologies Limited official website or NSDL e-Governance website.
If you want to apply for a PAN Card online, you need to visit the website of NSDL or UTIITSL. Click on the “Apply Now” Tab to fill the online application form for a PAN card. Fill in all the necessary details and then click on the Submit Button. Verify your details and click on Proceed to make a payment. After the payment, you can download and print your pre-filled application form. You can then paste your photo, sign, attach the necessary documents and post it to the mentioned address.
The applicant must fill the PAN application form only in the English language and not in any other language. The form should be filled in block letters and each box in the form must contain only one character. It is advisable to use a ball pen instead of an ink one. The applicant has to provide either left-hand thumb impression or signature on the photograph attached on the left top corner of the form. Do remember to fill all the details accurately in the form as inaccurate information may lead to denial of the PAN application.
No, you cannot do so. PAN Application form must only be filled in English and not in any other language.
