What are the different forms that are related to PAN Card?



Following are the list of forms that are related to PAN Cards. 

Form 49A

This is the PAN Card application form that is used to apply for a new PAN Card or to submit changes / correction for an existing PAN Card. This form is applicable to all individuals with Indian Passport, HUF, Partnership firms, Private/Public limited companies, Self-help groups, NGOs, minor children, etc.. PAN Card application for new or correction can be filled online and submitted to PAN Services, Brokerage Free for processing. 

Form 49AA

This PAN Card application form is used for any individual(s) not holding an Indian Passport or entities not based out of India. Foreigners who live in India and wish to apply for a PAN Card also should use this form. 

Form 60

Form 60 is submitted by an individual when she or he enters into a particular transaction that requires PAN, but the individual does not have a PAN. Since the demonetization initiative from 2016, PAN number has become mandatory to either open a new bank account or hold on to an existing bank account. This form, presently has largely become redundant. 

Form 61

This is a form of declaration that is to be submitted by an individual who receives income solely from agriculture and is not the recipient of any other income that is taxable, and the individual is not in possession of a valid PAN. Since the demonetization initiative from 2016, PAN number has become mandatory to either open a new bank account or hold on to an existing bank account. This form along with Form 60, presently has largely become redundant. 

Form 15G

Form 15G is submitted by individuals to banks requesting them not to deduct TDS, while interest is given to the account holders. Individuals who are Indian residents and less than 60 years, and whose tax on their income is nil, can submit this form. Once the form is submitted and accepted by the bank, TDS will not be deducted on the interest income. 

Form 15H

Form 15G is submitted by individuals to banks requesting them not to deduct TDS, while interest is given to the account holders. Individuals who are Indian residents and above 60 years, and whose tax on their income is nil, can submit this form. Once the form is submitted and accepted by the bank, TDS will not be deducted on the interest income.