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PLEASE STAPLE THE Check/BANK DRAFT HERE PAN ASIA BANKING CORPORATION PLC (PQ 48) DEBENTURE ISSUE 2015 A Public limited liability company incorporated in Sri Lanka on 06th March 1995 under the Companies
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Question: Write point by point how to fill out application form - pan. Who needs application form - pan?

How to fill out application form - pan:

01
Start by reading the instructions: Before filling out the application form for a PAN (Permanent Account Number), it is important to carefully read and understand all the instructions provided. This will ensure that you provide the accurate and required information.
02
Gather the necessary documents: Before starting the application process, make sure you have all the necessary documents at hand. These typically include proof of identity, proof of address, and proof of date of birth. Examples of these documents may include Aadhaar card, voter ID card, passport, driving license, and birth certificate.
03
Download or collect the application form: The PAN application form can be downloaded from the official website of the Income Tax Department or obtained from designated centers. Make sure you have the correct and latest version of the form.
04
Fill in personal details: Start by filling in your personal details such as your full name, date of birth, gender, and contact information. It is crucial to provide accurate and up-to-date information.
05
Provide proof of identity and address: Attach the necessary documents as proof of identity and address as mentioned in the instructions. Ensure that the copies of these documents are self-attested.
06
Submit the form: Once you have completed filling out the form and attaching the required documents, you can then submit it to the designated PAN center or to any authorized collection center. Remember to keep a copy of the form for your records.

Who needs application form - pan:

01
Individuals: Any individual who falls under the purview of the Income Tax Act, 1961 and wishes to engage in financial transactions such as opening a bank account, undertaking high-value transactions, filing income tax returns, or investing in certain financial instruments, may require a PAN.
02
Companies and firms: All companies, partnerships, LLPs (Limited Liability Partnerships), and other business entities are also required to obtain a PAN. This is essential for conducting various financial transactions, obtaining loans, and filing tax returns.
03
Non-resident Indians (NRIs): NRIs who earn income in India or undertake financial transactions in India are also required to obtain a PAN. This helps in tracking their taxable income and filing income tax returns.
04
Trusts, societies, and other organizations: Trusts, societies, charitable organizations, and similar entities also need to obtain a PAN. This enables them to carry out financial transactions, receive donations, and claim tax exemptions.
Remember, it is important to check the latest guidelines and requirements set by the Income Tax Department as they may change from time to time.
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