Wednesday 21 May 2014

Latest amendment in PAN Card Application with mother's Name w.e.f. 16.05.2014.

CBDT gives option to individuals to show mother's name on PAN card; notifies revised forms 49A and 49AA by this latest amendment notification dated 16th My, 2014. PAN Card application prcedure has been changed w.e.f. 03.02.2014. Now, every PAN applicant has to submit self-attested copies with Identity Proof (POI), Address Proof, (POA) and Date of Birth Proof (DOB) documents and also produce original documents of such POI/POA/DOB documents, for verification at the counter of PAN Facilitation Centres. The copies of Proof of Identity (POI), Proof of Address (POA) and Date of Birth (DOB) documents attached with PAN application form, will be verified vis a vis their original documents at the time of submission of PAN application at PAN Facilitation Centre. Original documents shall not be retained by the PAN Facilitation Centres and will be returned back to the applicant after verification.


As per the new PAN allotment application Individual's applicant can show mother's name on PAN Card. The latestest amendment notification is as follows:




[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (ii)]GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF DIRECT TAXES

Notification
New Delhi, the 16th day of May, 2014

S.O. 2045 (E)- 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 (5th Amendment) Rules, 2014.
(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962, in Appendix II, for Forms 49A and 49AA, the following Forms shall be substituted, namely:-
APPLICATION FOR ALLOTMENT OF PERMANENT ACCOUNT NUMBER
[IN THE CASE OF INDIAN CITIZENS/INDIAN COMPANIES/ENTITIES INCORPORATED IN INDIA/UNINCORPORATED ENTITIES FORMED IN INDIA]

APPLICATION FOR ALLOTMENT OF PERMANENT ACCOUNT NUMBER
[INDIVIDUALS NOT BEING A CITIZEN OF INDIA/ENTITIES INCORPORATED OUTSIDE INDIA/UNINCORPORATED ENTITIES FORMED OUTSIDE INDIA]


[Ashis Mohanty]
Under Secretary to Government of India

Note: - The principal rules were published vide Notification S.O. 969 (E), dated 26th March, 1962 and last amended by Income-tax (4th Amendment) Rules, 2014 vide Notification S.O.997 (E), dated the 1st April, 2014.

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