You are here: Home » News-CM » Economy » News
Business Standard

Requirement for obtaining PAN card u/s 139A of IT Act, 1961 eased for corporate assessees

Capital Market 

In case of a company, an application for incorporation, of (PAN) and of (TAN) may be made through a Common Application Form submitted to the (MCA).

In these cases, the Certificate of (COI) issued by MCA contains a mention of both PAN and

Finance Act, 2018 amended section 139A of the Income-tax Act, 1961 removed the requirement of issuing PAN in the form of a laminated card. Hence, it is clarified that PAN and mentioned in the COI issued by MCA shall also be treated as sufficient proof of PAN and for the said company assessees.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, April 14 2018. 14:37 IST