When someone applies for a new PAN card, they must input an AO code in one section of the application. It can be found at the very top of the Pan application form. The AO Code indicates the tax jurisdiction under which the application would fall. AO is an acronym for Assessing Office. The significance of an AO Code in identifying jurisdiction is closely related to taxation because these codes inform the relevant authorities about which tax laws apply to a person.
If the individual is a resident of this nation, they may be required to pay taxes following one set of regulations, but if they are a corporation, the tax slabs and rules may be different. Such distinctions can also exist amongst citizens because the Area Code for individuals serving in the Army or the Air Force would differ. Thus, the correct AO Code is required to guarantee that people and businesses are taxed by the applicable regulations.
Different Assessing Officers are assigned to each region to assess the taxation of the individuals that live there. Thus, AO codes help us to identify the AO offices and officers of our region. An AO code is made up of four components. They are as follows:
Four sorts of AO codes are used to identify individuals/companies and link them to the relevant tax legislation. Here’s a brief overview of them:
It can be found on the Government-authorized PAN website. The steps to find it are given below:
Step 1: Determine if you are a paid individual, a non-salaried individual, or a non-individual application.
Step 2: Based on the requirements you satisfy, choose a residential/office address.
Step 3: AO Code listings are available on the NSDL and UTIITSL websites.
Step 4: On the NSDL/UTIITSL website, you may search for your city alphabetically. Select a city and read the city description/jurisdiction.
Step 5: Find one corresponding to your office location/company type/profession/income. Make a note of the Area Code, AO Type, Range Type, and AO Number to get your AO Code.
Follow the procedures below to check your AO code while applying for a PAN card:
Step 1: Go to the National Securities Depository Limited (NSDL) website and look for the AO code.
Step 2: Now, from the relevant list of AO codes, look for your city.
Step 3: Once you’ve identified the city, look for the “Additional Description” section to see if the selected region is part of that AO code.
Step 4: Determine if the AO code applies to you as a corporation, person, or multinational organization.
Step 5: Once you’ve chosen the correct AO code, note the AO type, Range type, Area code, and AO number.
Step 6: After you’ve chosen the correct AO code, click the Submit button.