New PAN card to cost Rs 105
Written By Admin on January 28, 2014 | Tuesday, January 28, 2014
New PAN cards issued by the income tax department will cost Rs 105, including taxes.
The I-T department has recently notified new procedures for verifying
personal and proprietary data of an individual or entity for allotment
of new PAN cards.
The step, sources said, has been taken in order to weed out the
problem of fake or multiple Permanent Account Number (PAN) cards.
"The cost of getting a new PAN card, including all taxes, is Rs 105.
This service charge by-and-large has been kept unchanged. The new
procedures of checking original documents for proving date of birth,
address and identity have been brought in to check the complaints of
fake PAN cards or multiple cards obtained by any entity," a senior I-T
official said.
From February 3, the Central Board of Direct Taxes (CBDT) has
notified that individuals or others wanting PAN will have to furnish
copies of proof of identity, address and date of birth attached with
their application forms and they will be checked against their original
documents when applications are submitted at PAN facilitation centres.
While the original documents would be returned to applicants after
on-the-spot verification, the applicant has to self-attest the
photocopies.
The I-T department, in a number of cases, has found a number of
individuals possessing multiple PAN cards or forging details to evade
taxes and create 'benami' properties.
"The technology systems of the I-T department will now be made
error-free and robust once PAN card data is entered as correctly as
possible," the official said, adding that the new cards issued
henceforth will feature the name and date of birth of the applicant and
not the address details.
PAN is a 10-digit alphanumeric number allotted by the I-T department to taxpayers.
Source :The Times of India
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