Companies to Get PAN, TAN Within a Day; Paperless Application Starts

Income Tax department declared that, if companies submit digital signature certificate based application, thereby ensuring ease of doing business then they can now obtain PAN or TAN registration within a day.
Besides, individuals can now get a new Permanent Account Number (PAN) through Aadhaar-based e-signature facility which will reduce the effective time in allotment.
Digital signature certificate based application procedure has been introduced on the portals of PAN Service providers — NSDL eGov and UTIITSL, for fast-tracking allotment of PAN and Tax Deduction and Collection Account Number (TAN) to company applicants.
According to a tax department statement, “Under the new process PAN and TAN will be allotted within one day after completion of valid on-line application.”
Similarly, on the portals of PAN service providers M/s NSDL eGov, a new Aadhaar e-Signature based application process for Individual PAN Applicants has been made available.
It also added, “Introduction of Aadhaar based e-Signature through 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.”
Moreover, it also asserted that the URL links for the above applications are available in ‘important links’ on the homepage of the departmental website ‘’.

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