New PAN Application Form 49A & 49AA wef 16.05.2014 – Mother’s name can be shown on PAN Card

CBDT has revised PAN Application form 49A and 49AA wef from 16.05.2014 vide its notification no. 26/2014, Dated- 16-5-2014. This new form provide option to individuals to show mother’s name on PAN card. In revised pan application form Father’s name remain mandatory but column has been provided for Individuals to fill mothers name also. Further on pan card individual may opt for printing of either Mother’s name or father’s name.

The complete notification and revised PAN application forms are given hereunder:

INCOME-TAX (FIFTH AMENDMENT) RULES, 2014 – SUBSTITUTION OF FORMS 49A AND 49AA

NOTIFICATION NO. 26/2014 [F.NO.142/15/2013-TPL]/SO 2045(E), DATED 16-5-2014

In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:—

1. (i) These rules may be called the Income–tax (5th Amendment) Rules, 2014.

    (ii) They shall come into force on the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962, in Appendix II, for Forms 49A and 49AA, the following Forms shall be substituted, namely:—

APPLICATION FOR ALLOTMENT OF PERMANENT ACCOUNT NUMBER

[IN THE CASE OF INDIAN CITIZENS/INDIAN COMPANIES/ENTITIES INCORPORATED IN INDIA/UNINCORPORATED ENTITIES FORMED IN INDIA]

APPLICATION FOR ALLOTMENT OF PERMANENT ACCOUNT NUMBER

INDIVIDUALS NOT BEING A CITIZEN OF INDIA/ENTITIES INCORPORATED OUTSIDE INDIA/UNINCORPORATED ENTITIES FORMED OUTSIDE INDIA