Acknowledgement For Request For New Pan Card (Form: Fill & Download for Free

My Dad works in a PSU Bank and this is what he suggests:The amount: 5 lakhNeed to worry: a big NO!!First there is no need for you to panic.Disclaimer: If others are thinking that by depositing cash in different PAN accounts, they can convert all their black to white then they are wrong!! I-T department is tracking every cash transaction (It is quite easy to monitor millions of accounts with simple algorithms to detect suspicious activity, ask any mathematician it has been achieved before). They will be caught sooner or later!!It is sad to see that some people are unwilling to pay income tax but they want their government to provide them metros, airports, world class infrastructure, 24x7 electricity and other comforts but they won’t pay income tax but still blame the government for even a pothole in their locality. Income Tax evaders are a disgrace to the nation, they have no authority to call themselves an Indian.Now the Solution:Requirements:Two different individual's Bank accounts with their PAN:It could be your account and your mom's. Or any of your family members whom you can trust (so that they should return your savings).If your Mother doesn’t have a Bank account or PAN, its the best shubh muhurat to apply for both. (Even an application number of PAN request form is accepted by the banks further detail in FAQ).Wait for few days for the rush at banks to reduce: (only if its possible, if not then you can go for exchange but expect long queues at banks)Since the window for exchange for currency is open till 30th December. So don't worry.Only the deposits above 2.5 lakh will be under scrutiny and housewives will not be questioned for the said amount: Make the best use of this option, divide your 5 lakh in to 2.5L and 2.5L and deposit in two different bank accounts along with the declaration form and PAN.Since each deposit does not exceed 2.5L limit: So no need to worry at all, get the new denomination of 2000Rs and 500Rs as per need and enjoy the beauty of Mangalyan and Lal Kila :).FAQs:Q. Can I deposit 2.5L and 2.5L in two different bank accounts of same individual?Ans. Big NO!! Since the individual is same, he/she will have the same PAN and I-T department will get to know about 5L in total deposits with same PAN, so the individual will be under I-T scrutiny.Q. My mother doesn’t have a bank account?Ans. Then please open a Savings bank account as early as possible by submitting the KYC (Know your Customer) documents at any bank of your choice. Your bank account should be operational within maximum two working days.(KYC: Passport, Driving Licence, Aadhar Card, Voter ID, NERAGA Card, PAN Card - Any one document towards proof of identity and proof of address (either permanent or current) - KYC Documents Individuals - SBI Corporate Website)Q. I don’t have PAN? If I apply now, will I get a PAN within 30th December deadline?Ans. Again no need to panic. Apply for new PAN at ( Online Application for New PAN (Form 49A) - Tax Information Network ).Q. What if I don't want to apply for PAN, but still want to deposit till 2.5L limit?Ans. As suggested, you can deposit any amount less than 50k (without PAN) per day. If the the total deposit exceeds 2.5L between 10th November to 30th December, it will be under I-T scrutiny.Q. What will happen if I deposit more than 2.5L?Ans. If you deposit more than 2.5L at once (for which PAN is mandatory) or more than 2.5L in total between 10th November to 30th December, with the help of your PAN the ITR (Income Tax Return) for the financial year 2015-16 filed by you will be verified with respect to your income declaration and deposit. If any wrong doing is found only then you will face a 200% penalty refer footnote [1]. If your income declaration in the ITR 2015-16 is in sync with your deposits then you need not worry.Q. What about large families with every member holding bank accounts? (as asked by Vishal Panchal)Ans. An individual can deposit up to 2.5L per PAN, so a family of four (4 bank accounts and PANs) can deposit up to 10L without I-T scrutiny (considering 2.5L deposit per person). Larger families will be able to deposit more overall but per person 2.5L safely will remain the same.Q. What about farmers, housewives and small shop owners who have no idea about PAN, how can they get PAN in such a short time?Ans. All the non-PAN card holder can fill Form 60 in place of PAN while depositing above 50k. All the farmers have to fill Form 61 (Form 61 is for agricultural land owners or agricultural income deposit). But even with Form 60/61 any deposit above 2.5L shall be under scrutiny of I-T department. Form 60/61 can be obtained from your bank, for more refer footnote [3].Q. What will happen if I get caught (unable to prove legitimate source of deposit exceeding 2.5L)?Ans. "This would be treated as a case of tax evasion and the tax amount plus a penalty of 200 per cent of the tax payable would be levied as per the Section 270(A) of the Income Tax Act," as said by Revenue Secretary Hasmukh Adhia. Refer footnote [1] for more.PAN card is mandatory for any Bank transaction of Rs. 50,000/- and above, footnote [2].When you complete all the application requirements of PAN, after you submit your application you will receive an Acknowledgement Number. You can show the PAN Acknowledgement Number to your bank while depositing the cash, they will accept it. And your 2.5L deposit will not be under I-T scrutiny.But mind you if the deposit is above 2.5L per PAN between 10th November to 30th December then be ready for 200% penalty, only if you are unable to prove legitimate source of the deposit. And banks won’t accept 2.5L without PAN. With the help of PAN, your entire financial history is known to the I-T department, so you can’t escape the Law.Note: If you have any other FAQ please comment, I will update.Please be a part of the biggest economic revolution of our times.Apologies for any errors.Edit 1: Removed PMJDY as the deposit limit is 1Lakh, which won’t solve the problem of OP as suggested by Anmol Vashisht and Max Ikon, Added more FAQ as suggested by User-9688952714430590054.Edit 2: Corrected wrong choice of word, all thanks to Anuj Kalbalia.The government gave black money hoarders time till 30th of September, 2016 to declare undisclosed income but they ignored it. They are nothing but a criminal in my view and a DISGRACE. Don’t worry they will pay for their Karma in one way or another.Footnotes:[1] Penalty on Mismatch: Deposits above Rs 2.5 lakh to face tax[2] Starting today, PAN card must for all transactions above[3] Form 60/ 61: Procedure for submitting this Form in place of PAN

.The first and foremost thing you need to is, lodge the complaint to nearest police station and and take the acknowledgement/complaint copy. It ensures that your PAN Card should not get misused(You can get duplicate PAN Card without FIR) .Then you need to apply for duplicate PAN card.A new PAN card bearing the same PAN number will be issued. You may also choose to make corrections if any to the existing PAN data. In such case, the new PAN card will bear the updated informationYou can apply for duplicate Pan Card both online and Offline ways. For Online you can Fill the PAN Change Request Form at Tin NSDL Apply for New PAN Card Or / And Changes Or Correction in PAN Data Select Changes or correction in PAN data or reprint of PAN card.The fee for processing PAN application is Rs 107.00 ( 93.00 + 15.00% service tax). Payment can be made either by: Demand Draft, Cheque, Credit Card / Debit Card, Net Banking.It takes around a week for PAN to be delivered.

You can get a reprint of your PAN card with your old PAN number . But one person can not have more than one PAN number.You can make an application for E-Pan card which will be sent to you by mail or you can also apply for a physical PAN card.The applicant is only required to fill and submit the online application form along with online payment of the respective processing feeSteps to apply for PAN cardVisit the NSDL websiteSelect "Request for New PAN Card or/and Changes or Correction in PAN data" as Application type ( if PAN number has already been issued to you and want a fresh Pan/E-pan or want to make correction) and fill your status.Fill in rest of the information asked such as name, and date of birth. Information marked with an asterisk sign has to be filled in mandatorily. It is mandatory to mention the email id in case of application for an E-PAN card.A token number will be generated and same will be sent to your email id (But the same must be noted ). Click on continue with your Application.A new page will appear on your screen. There will be three options asking you how you want to proceed with your application. To apply for E-PAN you must select No to the question “Whether Physical Pan is required?”. ( as shown in the image) ( Please check Note)Enter your details such as Aadhaar number, parents name, etc. Aadhaar number is mandatory if you have choosed e sign and e KYC as an option.Once you have filled all the relevant data, click on 'Next'. A new page will appear asking you to fill in Contact & Other details .After you have filled the same you will be asked for document that you will submit as proof. As a proof of PAN you can submit Copy of PAN Card , Allotment letter. In case you have lost your PAN you must select no documents.You will be required to give a declaration . Then you have to click submit.You will be ask to recheck your application and you will be asked to make payment .You can pay using your debit or credit cards, Net banking .Once you have made the payment, you will be required to undergo the Aadhaar authentication process. If your Aadhaar authentication process is successful,then a 15 digit unique acknowledgement number will be generated.You will receive E PAN on your email after your application is processed or the physical PAN will be sent to your addressNote-There is a paperless facility called e-KYC and e-sign where your Aadhaar details will be used. You don't have to upload images such as photo, signature or other supporting documents. Your Aadhaar photograph will appear in your PAN if you use the e-KYC and e-sign facility.There is a second method which is a standalone e-sign facility where you are required to upload your photograph, signature (in black ink) and specified supporting documents in a prescribed format.