Income Tax
Department has released a New PAN application
Form No. 49AA for Individuals not being a citizen of India, LLP
registered outside India, Company registered outside India, Firm formed or
registered outside India, Association of persons(Trusts) formed outside India,
Association of persons (other than Trusts) or body of individuals or local
authority or artificial juridical person formed or any other entity (by whatever
name called) registered outside India. Download the new Form 49AA and
instruction to File Form No. 49AA and Form no. 49AA.
———————
INCOME-TAX (SEVENTH AMENDMENT) RULES, 2011 – AMENDMENT IN RULE 114 AND
SUBSTITUTION OF FORM NO. 49A
NOTIFICATION NO.
56/2011 [F.NO. 133/48/2011-SO(TPL)], DATED 17-10-2011
In exercise of the
powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the
Central Board of Direct Taxes hereby makes the following rules further to amend
the Income-tax Rules, 1962, namely:—
1.(1)
These rules may be called the Income-tax (7th Amendment) Rules,
2011.
(2) They shall come into
force on the 1st day of November,
2011.
2. In
the Income-tax Rules, 1962,-
(A) in rule
114,-
(a) in
sub-rule (1), after the words, figures and letter “Form 49A”, the words, figures
and letters, “or 49AA , as the case may be” shall be inserted:
(b) in
sub-rule (3),—
(i) for the
words “accounting year” wherever they occur, the words “financial year” shall be
substituted;
(ii) after
item (iii) the following item shall be inserted, namely:—
“(iv) in the
case of a person who is entitled to receive any sum or income or amount , on
which tax is deductible under Chapter XVII-B in any financial year, before the
end of such financial year.”;
(c) in
sub-rule (4), for the words “Table below shall be accompanied by documents
mentioned in Column 3″ the words “Table below shall be filed in Forms mentioned
in Column 3 and shall be accompanied by the documents mentioned in Column 4″
shall be inserted ;
(d) For the
Table, the following Table shall be substituted, namely :—
TABLE
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Sl.
No.
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Applicant
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Form
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Documents as
proof of identity and
address
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(1)
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(2)
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(3)
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(4)
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1.
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Individual who is a
citizen of India
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49A
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(i) Proof of
identity—
Copy of,-
(a) school
leaving certificate; or
(b)
matriculation certificate; or
(c) degree of a
recognised educational institution; or
(d) depository
account; or
(e) credit
card; or
(f) bank
account; or
(g) water bill;
or
(h) ration
card; or
(i) property
tax assessment order; or
(j) passport;
or
(k) voter
identity card ; or
(l) driving
licence; or
(m) certificate
of identity signed by a Member of Parliament or Member of Legislative Assembly
or Municipal Councillor or a Gazetted Officer, as the case may be.
In case of a person
being a minor, any of the above documents of any of the parents or guardian of
such minor shall be deemed to be the proof of identity.
(ii) Proof of
address—
Copy of,-
(a) electricity
bill; or
(b) telephone
bill; or
(c) depository
account; or
(d) credit
card; or
(e) bank
account; or
(f) ration
card; or
(g) employer
certificate; or
(h) passport;
or
(i) voter
identity card; or
(j) property
tax assessment order; or
(k) driving
licence; or
(l) rent
receipt; or
(m) certificate
of address signed by a Member of Parliament or Member of Legislative Assembly or
Municipal Councillor or a Gazetted Officer, as the case may be.
Note 1:
In case of a minor, any of the above documents of any of the parents or
guardian of such minor shall be deemed to be the proof of address.
Note 2:
In case of an Indian citizen residing outside India, copy of Bank Account Statement in country of residence or copy
of Non-resident External (NRE) bank account statements.
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2.
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Hindu undivided
family
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49A
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(a) an
affidavit by the karta of the Hindu Undivided Family stating the name, father’s
name and address of all the coparceners on the date of application;
and
(b) copy of any
document applicable in the case of an individual specified in serial number 1, in respect of karta of the Hindu undivided
family, as proof of identity and address.
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3.
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Company registered in
India
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49A
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copy of Certificate of
Registration issued by the Registrar of
Companies.
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4.
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Firm (including Limited
Liability Partnership formed or registered in India
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49A
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(a) copy of
Certificate of Registration issued by the Registrar of Firms/Limited Liability
Partnerships; or
(b) copy of
Partnership Deed.
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5.
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Association of
persons(Trusts) formed or registered in India
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49A
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(a) copy of
trust deed; or
(b) copy of
Certificate of Registration Number issued by
Charity Commissioner.
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6.
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Association of persons
(other than Trusts) or body of individuals or local authority or artificial
juridical person formed or registered in India
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49A
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(a) copy of
Agreement; or
(b) copy of
Certificate of Registration Number issued by Charity Commissioner or Registrar
of Co-operative Society or any other Competent Authority; or
(c) any other
document originating from any Central Government or State Government
Department establishing Identity and, address of such
person.
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7.
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Individuals not being a
citizen of India
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49AA
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(i) Proof of
identity :—
(a) copy of
Passoort; or
(b) copy of
person of Indian Origin card issued by the Government of India; or
(c) copy of
Overseas Citizenship of India Card issued by Government of India;
or
(d) copy of
other national or citizenship Identification Number or Taxpayer Identification
Number duly attested by “Apostille” (in respect of countries which are
signatories to the Hague Apostille Convention of 1961) or by Indian embassy or
High Commission or Consulate in the country where the applicant is
located.
(ii) Proof of
address:—
(a) copy of
Passport; or
(b) copy of
person of Indian Origin card issued by the Government of India; or
(c) copy of
Overseas Citizenship of India Card issued by Government of India;
or
(d) copy of
other national or citizenship Identification Number or Taxpayer
Identification Number duly attested by “Apostille” (in respect of countries
which are signatories to the Hague Apostille Convention of 1961) or by Indian
embassy or High Commission or Consulate in the country where the applicant is
located; or
(e) copy of
bank account statement in country of residence; or
(f) copy of
Non-resident External bank account statement in India; or
(g) copy of
certificate of residence in India or Residential permit issued by the State
Police Authority; or
(h) copy of the
registration certificate issued by the Foreigner’s Registration Office showing
Indian address; or
(i) copy of
Visa granted and copy of appointment letter
or contract from Indian Company and Certificate (in Original) of Indian Address
issued by the employer.
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8.
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LLP registered outside
India
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49AA
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(a) copy of
Certificate of Registration issued in the country where the applicant is
located, duly attested by ‘Apostille’ (in respect of countries which are
signatories to the Hague Apostille Convention of 1961) or by Indian embassy or
High Commission or Consulate in the country where the applicant is located;
or
(b) copy of
registration certificate issued in India or of approval granted to set up office
in India by Indian Authorities.
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9.
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Company registered
outside India
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49AA
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(a) copy of
Certificate of Registration issued in the country where the applicant is
located, duly attested by ‘Apostille’ (in respect of countries which are
signatories to the Hague Apostille Convention of 1961) or by Indian embassy or
High Commission or Consulate in the country where the applicant is located;
or
(b) copy of
registration certificate issued in India or of approval granted to set up office
in India by Indian Authorities.
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10.
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Firm formed or
registered outside India
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49AA
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(a) copy of
Certificate of Registration issued in the country where the applicant is
located, duly attested by ‘Apostille’ (in respect of countries which are
signatories to the Hague Apostille Convention of 1961) or by Indian embassy or
High Commission or Consulate in the country where the applicant is located;
or
(b) copy of
registration certificate issued in India or of approval granted to set up office
in India by Indian Authorities.
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11.
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Association of
persons(Trusts) formed outside India
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49AA
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(a) copy of
Certificate of Registration issued in the country where the applicant is
located, duly attested by ‘Apostille’ (in respect of countries which are
signatories to the Hague Apostille Convention of 1961) or by Indian embassy or
High Commission or Consulate in the country where the applicant is located;
or
(b) copy of
registration certificate issued in India or of approval granted to set up office
in India by Indian Authorities.
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12.
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Association of persons
(other than Trusts) or body of individuals or local authority or artificial
juridical person formed or any other entity (by whatever name called) registered
outside India
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49AA
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(a) copy of
Certificate of Registration issued in the country where the applicant is
located, duly attested by ‘Apostille’ (in respect of countries which are
signatories to the Hague Apostille Convention of 1961) or by Indian embassy or
High Commission or Consulate in the country where the applicant is located;
or
(b) copy of
registration certificate issued in India or of approval granted to set up office
in India by Indian Authorities.
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(B) in Appendix-II.
for Form 49A, the following Forms shall be substituted, namely:—
F.No.133
/48/2011 – SO (TPL)]
(ASHIS
MOHANTY)
Under Secretary to the Government of India
Under Secretary to the Government of India
Note.
- The principal rules were published vide Notification
No.S.O.969 (E), dated the 26th March, 1962 and last amended by Income-tax (6th
Amendment) Rules, 2011 vide Notification S.O. No. 1497(E) dated 1st July,
2011.
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1 comment:
Great thoughts you got there, believe I may possibly try just some of it throughout my daily life.
LLP Registration Service
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