On 22nd July, 2016, CBDT introduced PAN & TAN application process through which assessee can get Paperless Permanent Account Number (PAN) & Tax Deduction and Collection Account Number (TAN) within a day.
a) Digital Signature Certificate(DSC) based application procedure has been introduced on the portals of PAN service providers M/s NSDL eGov and M/s UTIITSL for fast tracking allotment of PAN and TAN to company applicants with in a day.
b) Similarly, a new Aadhaar e-Signature based application process for Individual PAN applicants has been made available on the portals of PAN service providers M/s NSDL eGov.
c) The URL links for the above applications are available in ‘important links’ on the homepage of the departmental website ‘incometaxindia.gov.in’.
d) Introduction of Aadhaar based e-Signature through M/s NSDL eGov in PAN application not only ensures paperless hassle free PAN application process but also seeding of Aadhaar in PAN which will curb the problem of duplicate PAN to a great extent.