Minor PAN Card: Is PAN card necessary for children too? When and where is it used? Know everything
3 min readWe usually use PAN Card for filing Income Tax Return, completing KYC process, doing any bank transaction or buying gold above the prescribed limit. We believe that it is necessary for an adult to have this document. But do you know that a child also needs a PAN Card?
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PAN card is necessary for children too! (PAN Card for Minors)
If you think that PAN card is only for adults, then you are wrong. PAN card is important not only for adults but also for children. If your child has his own PAN card (PAN Card for Minors), then many tasks will become easy. Minors below 18 years of age can also get their PAN card made. But the application for this can be made only by their parents or guardians.
Let us tell you that according to section 160 of the Income Tax Act, there is no minimum age for making a PAN card. Here we will tell you how a minor can apply for a PAN card and what documents are required for this.
Let us know in which cases children need a PAN card:
1. Investment Purposes:If you are making any investment in the name of your child, then his PAN card will be required for this.
2. Nominee for Investments:If you make the child a nominee in any of your investments.
3. Bank Accounts:While opening a bank account in the name of your child.
4. Income Earning:If the minor has any source of income.
How to apply for a PAN card for children (Apply PAN Card for a Child)
How to apply for a PAN card for children: It is very easy to get a PAN card for a child. You just have to submit some necessary documents and fill the application form. You can apply for a PAN card for children either online or offline.
How to apply for PAN card online (Online PAN application)
To apply online, follow the steps given below.
Step 1. First of all go to the NSDL website and download Form 49A.
Step 2. Fill Form 49A carefully, read all the instructions carefully, and fill all the personal details by selecting the correct category.
Step 3. Upload the child’s age certificate, required documents and a photo of the parents.
Step 4. Upload the signature of the parents and pay the fee of Rs 107.
Step 5. After submitting the form, you will get a receipt number with the help of which you can track the status of the application. Step
6. After verification, you will get a PAN card within 15 days.
Process to apply for offline PAN card (Offline Apply for PAN Card)
To apply for PAN card offline, follow the steps given below
Step 1. Go to the official website or NSDL office and collect Form 49A.
Step 2. Fill the form completely. Attach two photographs of the child and the necessary documents with the form.
Step 3. Now submit the filled form and document fee to your nearest NSDL office.
Step 4. After verification, the PAN card will be sent to the given address.
Documents required for making PAN card for a child
- Address proof and identity proof of the parents of the minor
- Parents can use any one of the following documents for identity proof:
- Aadhar card
- Ration Card
- Passport
- Driving License
- Voter ID Card
- Copy of any one of the following for address proof:
- Aadhar card
- Post Office Passbook
- Property registration document
- Domicile Certificate
It is necessary to update PAN card after turning 18 years old
You have to apply to update your PAN card after you turn 18. Because the PAN card issued to minors does not include their photo or signature. Therefore, to use it as identity proof, it is necessary to update it after turning 18.
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