Hindu Undivided Family Pan Application Service Details
PAN stands for Permanent Account Number. It is a unique 10-character alphanumeric identifier issued by the Income Tax Department of India. The PAN is used to track financial transactions of individuals, businesses, and other entities, and it helps prevent tax evasion.
Steps for application of PAN
Visit the NSDL portal
Select the type of application
Fill the form with all particular
Enter OTP
Submit the application & make payment
Send the documents to NSDL office for the confirmation
PAN will be delivered in a week at the address mentioned in the application
Time taken
It will be applied on same day if documents are proper and provided by client.
Difference between HUF and Individual PAN
While both types of PAN serve the purpose of tracking financial transactions and tax filings, a HUF PAN is specifically for a Hindu Undivided Family, managed by the Karta, while a Normal PAN is for individual taxpayers.
Why Choose HireYourCA?
Why Choose HireYourCA?
There are several reasons why HireYourCA stands out as your go-to partner for business registrations and compliance:
Experienced and Qualified Team: Our CAs possess extensive knowledge and expertise.
Seamless Service: We handle the entire process, keeping you informed at every step.
Cost-Effective Solutions: Competitive pricing ensures value for your money.
Client-Centric Approach: We prioritize your needs and offer personalized guidance.
Technology-Driven Platform: Our user-friendly online platform enables easy tracking and access to documents.
Transparency and Trust: We maintain complete transparency and adhere to the highest ethical standards.
Eligibility
HUF Formation: The HUF must be legally formed as per Hindu Law. It comprises all persons lineally descended from a common ancestor, including their wives and unmarried daughters.
Karta: The Karta, who is the head of the HUF, must apply for the PAN on behalf of the HUF. The Karta is usually the eldest male member of the family.
Residential Status: The Karta and the HUF must be residents of India.
Identity Proof: Aadhaar card, passport, voter ID card, PAN Card or driving license of the Karta.
Address Proof: Utility bills, bank statements, or Aadhaar card of the Karta.
HUF Deed: A document stating the creation of the HUF and the names of the family members involved.
Documents Required for Hindu Undivided Family PAN Application
Documents required for Pan Application
Aadhar card of all members of HUF
Pan Card of all members of HUF
2 passport size photographs of Karta
Declaration by Karta shall be notarized with stamp paper
Affidavit by Karta shall be notarized with stamp paper
Benefits Of Getting Hindu Undivided Family Pan Application
Filing Taxes: Necessary for filing income tax returns.
Financial Transactions: Required for various financial transactions like opening a bank account, buying property, or investing in securities.
Identity Proof: Serves as valid proof of identity.
Loan Applications: Needed when applying for loans.
Hindu Undivided Family Pan Application Sample Document
Download Hindu Undivided Family Pan Application Sample
