PAN Card Form 49AA

Introduction

PAN Card Form 49AA is a crucial application form specifically designed for foreign residents and non-individual entities established outside of India. This form is essential for completing the Know Your Customer (KYC) process and must be filled out by Foreign Institutional Investors (FIIs) and Qualified Foreign Investors (QFIs) as per the regulations set forth by the Securities and Exchange Board of India (SEBI).

In this guide, we’ll explore the structure, filling instructions, required documents, and submission details of PAN Card Form 49AA.

Structure of PAN Card Form 49AA

PAN Card Form 49AA is similar in structure to Form 49A, with some specific requirements tailored for foreign applicants. The form requires detailed information for the KYC process. Below are the key sections of Form 49AA that must be filled out:

Personal Details:

• Name: The applicant must provide their full name, including first name and surname, as well as their marital status.
• Abbreviation of the Name: This section requires the abbreviation of the applicant’s name, which will appear on the PAN card.
• Other Names: If the applicant has been known by any other names, those details must be mentioned here.

Date of Birth or Incorporation:

• Date of Birth/Date of Incorporation: Individuals must provide their date of birth, while organizations must provide the date of partnership, incorporation, agreement, or trust deed.

Assessing Officer Code:

• AO Code Details: The applicant must mention the Area Code, AO Type, Range Code, and AO Number. These details can be obtained from the Income Tax office or PAN card centers.

Status:

• Applicant’s Status: This section requires the applicant to specify their status, such as individual, HUF (Hindu Undivided Family) member, company, partnership firm, etc.

Representative or Agent Details:

• Representative/Agent Information: The applicant must provide the full name and address of their representative or agent, if applicable.

KYC Details:

• KYC Information: This section must be filled out by Qualified Foreign Investors (QFIs) as per SEBI regulations. It includes details such as marital status, occupation, citizenship, and more.

Documents Submitted:

• Attachment Details: The applicant must list all the documents they are submitting along with the form for verification purposes.

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How to Fill PAN Card Form 49AA?

Form 49AA is an application form used for the issuance of a PAN (Permanent Account Number) for foreign citizens and entities (non-individuals) based in India or outside India. Filling out Form 49AA correctly is essential for obtaining a valid PAN, which is necessary for financial transactions, tax filing, and compliance with Indian tax laws.

Here’s a detailed guide on how to fill PAN Card Form 49AA:

1. Download or Access Form 49AA

You can download Form 49AA from the NSDL website or UTIITSL portal.

You can also fill it out online on the same websites.

2. Understand the Structure of Form 49AA

The form is divided into different sections, each requiring specific details. Here is a breakdown of each section:

1: Full Name

• Last Name / Surname: Enter your surname or last name.
• First Name: Enter your first name.
• Middle Name: Enter your middle name, if applicable.

Make sure the name matches the one on your passport or other identification documents.

2: Abbreviations of the Full Name

Here, specify how you want your name to appear on the PAN card. The abbreviation of your name should fit in the space provided.

3: Have You Ever Been Known by Any Other Name?

If you’ve had a different name before (for example, due to a name change), select “Yes” and provide the details of the previous name. Otherwise, select “No.”

4: Gender

Mark the appropriate box: Male, Female, or Transgender.

5: Date of Birth / Incorporation / Agreement / Partnership or Trust Deed / Formation of Body of Individuals / Association of Persons

• If you are applying as an individual, provide your Date of Birth in the format DD/MM/YYYY.
• If you are applying as a non-individual entity (company, trust, etc.), enter the date of Incorporation or Formation.

6: Father’s Name

Enter the Full Name of Your Father (even for married women, father’s name is required, not spouse’s name).

7: Address

• Provide your Residence Address (mandatory for individuals).
• Mention the Office Address (mandatory for companies or entities).
• Ensure the address includes your Flat/Door/Block No., Name of Premises/Building/Village, Road/Street/Lane/Post Office, Area/Locality/Taluka/Sub-Division, Town/City/District, State/Union Territory, Pin Code, and Country.

8: Address for Communication

Select either Residence or Office as your communication address, where you will receive the PAN card and any other related correspondence.

9: Telephone Number and Email ID

• Provide a valid telephone number (with ISD and STD codes) and email address.
• It is important for communication and notifications regarding your PAN card application.

10: Status of Applicant

• Select the applicant’s status. Options include:
• Individual
• Company
• Partnership Firm
• Association of Persons (AOP)
• Body of Individuals (BOI)
• Trust
• Limited Liability Partnership (LLP)
• Others

11: Registration Number

This section is applicable for companies, firms, LLPs, and other entities. Provide the registration number as per the entity’s legal documents.

12: Citizenship

Specify your citizenship (Country of citizenship). If you are a foreign national, provide the name of your country.

13: Representative Assesses

If someone else (a representative) is filing the form on your behalf (such as a legal guardian or an authorized person for a company), fill in the details of the representative:

• Name
• Address
• PAN of the representative

14: Details of Source of Income

• Provide details of your income sources. Options include:
• Salary
• Business/Profession
• Income from House Property
• Capital Gains
• Income from Other Sources
• No Income (if applicable)

15: Document Proof

You need to attach the following documents as proof of identity, address, and date of birth:

• Proof of Identity (Passport, Citizenship ID, or other relevant documents).
• Proof of Address (Overseas address, bank statement, utility bill).
• Proof of Date of Birth (Passport, birth certificate, etc.).

Documents for Foreign Entities:

• Certificate of incorporation or any other document confirming the address.
• Registration certificate in the country of origin.

Section 16: Declaration

The final section is the declaration where you need to sign the form, confirming that the information provided is true and correct. If a representative assessee is filing the form, they will sign it on your behalf.

Submission:

Once the form is filled and the required documents are attached, submit it online or by physically mailing it to the relevant authority (NSDL or UTIITSL).

Fees:

The fees for applying for PAN using Form 49AA differ for communication addresses within India and outside India. Ensure you check the latest fee structure on the respective portal.

Tracking PAN Application:

After submitting the form, you will receive an acknowledgment number, which you can use to track the status of your PAN application.

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Documents Required with PAN Card Form 49AA

Foreign residents applying for a PAN card using Form 49AA must submit the following documents for verification:

Identity Proof:

• Driver’s License
• Passport
• Arm’s Licence
• Aadhaar Card
• Photo identity card issued by a government body
• Pensioner Card with a photograph
• Bank certificate

Address Proof:

• Electricity Bill
• Landline Bill
• Broadband Bill
• Water Bill
• Gas Bill
• Bank Statement
• Post Office Statement
• Passport
• Domicile Certificate
• Aadhaar Card
• Spouse’s Passport
• Depository Account Statement

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Where to Submit PAN Card Form 49AA?

Once the form is completed and the required documents are attached, the application must be sent to the appropriate office for processing. The completed application and document copies should be sent to the following address:

NSDL e-Governance Infrastructure Limited

Income Tax PAN Services Unit,
5th Floor, Mantri Sterling,
Plot No. 341, Survey No. 997/8,
Model Colony, Near Deep Bungalow Chowk,
Pune – 411 016, India

Conclusion

Filling out and submitting PAN Card Form 49AA is a critical process for foreign residents and non-individual entities wishing to obtain a PAN card in India. By following the guidelines and ensuring all required information and documents are correctly provided, applicants can ensure a smooth and successful application process.