Tax Tips Guide ! Save Tax ! Help Filing Income Tax Returns

Its almost time for you to file income tax returns, and this is the last thing which you wanted to happen. You have lost your PAN card. Now you need to reapply for getting a duplicate PAN card. There is no need to panic as the procedure is not very difficult, however you shoul get yourself a duplicate PAN card as soon as possible.

First you need to get a FIR filed at the police station about you loosing your PAN card.
Now you need to know your PAN number. If you already know it then no problem, butif you don't then you cen get it by following ways .

1. Throug your Income Tax returns which you have already filed.
2. Credit Card department
3. From your Bank account
4. The cover letter which come along with the PAN card.
5. Through the PAN application counter foil numbers which you obtained at the time of PAN application. If the slip contains 15 digit acknoledgement No., then it is a NSDL application. If it contains 9 digits application number and 9 digit coupon number, then it is a UTITSL application. Fill these number on Income tax website and get your PAN number.

Once you know your PAN number you can apply for a Duplicate PAN card.
You can apply for a duplicate PAN card (its actually similar getting a fresh PAN card) in any UTI or NDSL branch. Pay Rs 67 fees, address proof, and colored photo. You can apply offline as well as online.

All the college graduates, and other those who will start working and earning this year must have wondered about getting a PAN card. If you have not thought about it, then its high time to do so.

What is a PAN Card.
PAN refers to Permanent account number (a 10 digit alphanumeric number) laminated card much similar in look to a credit card or your driving license. This card is issued by Incom tx department of India.

Who all require to have this PAN Card.
All those who will be filing their Income tax returns are required to have a PAN number. It is a must to have a PAN number as you are required to quote this number while filing your tax returns. You will be asked to quote it whenever you have any kind of correspondence with Income Tax Department. It is also mandatory to mention PAN for obtaining a telephone or cellulartelephone connection. Likewise, PAN has to be mentioned for making a time deposit exceeding Rs. 50,000/- with a Bank or Post Office or for depositing cash of Rs. 50,000/- or more in a Bank.

So, in simple words all the people who will start earning this year must apply for a PAN number. Its time to apply for PAN Card.