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HABIBULLAH & CO. CHARTERED ACCOUNTANTS
© Habibullah & Co. Chartered Accountants, India For Private Circulation Only
CBDT issues a press release on paperless PAN and TAN application process
Ease of Doing Business – Paperless
PAN & TAN application process.
For fast tracking the allotment of PAN and
TAN to company applicants, Digital
Signature Certificate (DSC) based
application procedure has been introduced
on the portals of PAN service providers M/s
NSDL eGov and M/s UTIITSL. Under the
new process PAN and TAN will be allotted
within one day after completion of valid on-
line application.
Similarly, a new Aadhaar e-Signature
based application process for Individual
PAN applicants has been made available
on the portals of PAN service providers M/s
NSDL eGov. The URL links for the above
applications are available in ‘important
links’ on the homepage of the departmental
website www.incometaxindia.gov.in
Introduction of Aadhaar based e-Signature
through M/s NSDL eGov in PAN
application not only ensures paperless
hassle free PAN application process but
also seeding of Aadhaar in PAN which will
curb the problem of duplicate PAN to a
great extent.
What is PAN?
PAN stands for Permanent Account
Number. PAN is a ten-digit unique
alphanumeric number issued by the Indian
Income Tax Department to all tax payers
and act as unique identification number for
all tax payers in the country. Its format is
like ALWP-C-5809-L
What is TAN?
Tax Deduction Account Number or Tax
Collection Account Number is a 10-digit
alphanumeric number issued by the
Income-tax Department (we will refer to it
as TAN). TAN is to be obtained by all
persons who are responsible for deducting
withholding taxes (TDS) or who are
required to collect tax at source (TCS)
Our Comments
The Government of India in its continued
efforts to improve ease of doing business in
India has introuduced this welcome change
where in allotment of PAN & TAN can be
done in couple of days which usually takes
10-15 for issuance.
HABIBULLAH & CO. CHARTERED ACCOUNTANTS
© Habibullah & Co. Chartered Accountants, India For Private Circulation Only
About Us
Habibullah & Co. (HCO) is a professional
services firm providing audit, assurance, tax,
financial advisory and consulting services to a
wide range of publicly traded and privately held
companies, guided by core values including
competence, honesty and integrity,
professionalism, dedication, responsibility and
accountability.
At HCO, the interests of our clients are
paramount. Our focus on the mid-market
means we have a real understanding of the
environment in which our clients operate and
are ideally placed to help them grow and
prosper.
Who we are and what we stand for
 Established 1962
 9 Partners
 100 + staff
 6 offices across India
 International Representation through
“Antea- Alliance of Independent Firms”
 Member Firm of The Institute of
Chartered Accountants of India since
1962
 Registered with all major Government
Regulators in India
Our Services
 Accounting and Auditing
 Business Setups in India
 Tax Compliance, Planning and
Management
 Transfer Pricing Advisory
 Business Advisory
Let’s talk
For a deeper discussion of how this issue might
affect your business, please contact, Managing
Partner for International Relations:
CA. Vivek Agarwal
E: vivek@hcoca.com
T: +91-98391-19370
Office in India
New Delhi
Lucknow
Gorakhpur
Patna
Ranchi
Varanasi
Mau
Associates at
Kolkata
Mumbai
Allahabad
Agra
Email
info@hcoca.com
Website
www.hcoca.com
Follow Us
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Disclaimer
This presentation is exclusively designed and prepared by
Habibullah & Co. and no part of this can be reproduced
without consent. While due care has been taken to draft this
please obtain professional advice before taking any
decision.

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  • 1. HABIBULLAH & CO. CHARTERED ACCOUNTANTS © Habibullah & Co. Chartered Accountants, India For Private Circulation Only CBDT issues a press release on paperless PAN and TAN application process Ease of Doing Business – Paperless PAN & TAN application process. For fast tracking the allotment of PAN and TAN to company applicants, Digital Signature Certificate (DSC) based application procedure has been introduced on the portals of PAN service providers M/s NSDL eGov and M/s UTIITSL. Under the new process PAN and TAN will be allotted within one day after completion of valid on- line application. Similarly, a new Aadhaar e-Signature based application process for Individual PAN applicants has been made available on the portals of PAN service providers M/s NSDL eGov. The URL links for the above applications are available in ‘important links’ on the homepage of the departmental website www.incometaxindia.gov.in Introduction of Aadhaar based e-Signature through M/s NSDL eGov in PAN application not only ensures paperless hassle free PAN application process but also seeding of Aadhaar in PAN which will curb the problem of duplicate PAN to a great extent. What is PAN? PAN stands for Permanent Account Number. PAN is a ten-digit unique alphanumeric number issued by the Indian Income Tax Department to all tax payers and act as unique identification number for all tax payers in the country. Its format is like ALWP-C-5809-L What is TAN? Tax Deduction Account Number or Tax Collection Account Number is a 10-digit alphanumeric number issued by the Income-tax Department (we will refer to it as TAN). TAN is to be obtained by all persons who are responsible for deducting withholding taxes (TDS) or who are required to collect tax at source (TCS) Our Comments The Government of India in its continued efforts to improve ease of doing business in India has introuduced this welcome change where in allotment of PAN & TAN can be done in couple of days which usually takes 10-15 for issuance.
  • 2. HABIBULLAH & CO. CHARTERED ACCOUNTANTS © Habibullah & Co. Chartered Accountants, India For Private Circulation Only About Us Habibullah & Co. (HCO) is a professional services firm providing audit, assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies, guided by core values including competence, honesty and integrity, professionalism, dedication, responsibility and accountability. At HCO, the interests of our clients are paramount. Our focus on the mid-market means we have a real understanding of the environment in which our clients operate and are ideally placed to help them grow and prosper. Who we are and what we stand for  Established 1962  9 Partners  100 + staff  6 offices across India  International Representation through “Antea- Alliance of Independent Firms”  Member Firm of The Institute of Chartered Accountants of India since 1962  Registered with all major Government Regulators in India Our Services  Accounting and Auditing  Business Setups in India  Tax Compliance, Planning and Management  Transfer Pricing Advisory  Business Advisory Let’s talk For a deeper discussion of how this issue might affect your business, please contact, Managing Partner for International Relations: CA. Vivek Agarwal E: vivek@hcoca.com T: +91-98391-19370 Office in India New Delhi Lucknow Gorakhpur Patna Ranchi Varanasi Mau Associates at Kolkata Mumbai Allahabad Agra Email info@hcoca.com Website www.hcoca.com Follow Us Unsubscribe Reply to this mail with subject “unsubscribe” Disclaimer This presentation is exclusively designed and prepared by Habibullah & Co. and no part of this can be reproduced without consent. While due care has been taken to draft this please obtain professional advice before taking any decision.