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  • PAN Card is accepted as ID and Signature Proof all over India. (For Eg. IRCTC and Banks accept PAN Card as ID Proof and Signature Proof)
  • It is mandatory to include PAN number for filing of taxes.
  • It is compulsory to quote PAN number in all documents pertaining to economic / financial transactions notified from time-to-time by the Central Board of Direct Taxes (For Eg. Sale and purchase of immovable property / motor vehicle / payments to hotels for bills in cash when amount exceeding Rs

    25,000/-).

  • It is compulsory to have a PAN card for obtaining a telephone or cellular connection.
  • PAN number has to be mentioned for making a fixed deposit exceeding Rs

    50,000/- with a Bank or Post Office or depositing cash of Rs

    50,000/- or more in a Bank

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12y ago

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Related Questions

You have lost your pan card but you remember the pan number how do you get a proof of your pan card?

Search for a copy of PAN Card at your place. The enclosed letter that comes with the Card also serves as a proof for the same. OR go and get a copy of FIR from nearest police station.


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A PAN card is issued by the Indian Income Tax Department and is needed to open a bank account or to be paid a salaried wage. To apply for a PAN card, one must get hold of a "Form 49A" either a paper copy or an online copy and fill it in correctly. One must not apply for a PAN card if they already have one.


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