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A Permanent Account Number (PAN) is a 10-digit alphanumeric number provided to all income-earning people or non-individual businesses for the purpose of paying income taxes and receiving government subsidies. PAN Card Form 49AA is essentially an application form used by persons who are not Indian nationals or non-individual companies established outside of India. This form requests the applicant’s KYC information and must be completed by a Foreign Institutional Investor or a Qualified Foreign Investor in accordance with the Securities and Exchange Board of India’s regulations (SEBI).

Structure Form 49AA PAN Card

Forms 49AA and 49A have very similar structures. Individuals filling out Form 49AA just need to give their basic information, which is necessary for the KYC procedure. This form must be completed by a Foreign Institutional Investor or a Qualified Foreign Investor in accordance with SEBI regulations.

Individuals: 

  • Marital status
  • Citizenship Status
  • Occupation details
  • Professional, Agriculturist, Retired, Housewife, Student, or Other

Non-Individuals:

  • Private Company, Public Company, Corporate Body, Financial Institution, Non-Governmental Organization, or Charitable Organization.
  • Gross Annual Income (INR).
  • Net Worth (Assets fewer Liabilities) in INR.
  • Is it beneficially owned and controlled by a small number of people or members of the same family.
  • Is the entity involved in or offering any of the following services: Foreign Exchange, Money Changer Services, Gaming/Gambling/Lottery Services (Casinos and Betting Syndicates), Money Lending, Pawning.
  • Whether the applicant or any of the applicant’s authorized signatories/trustees/office bearers are politically exposed or are linked to a politically exposed person.
  • In the nation where you live, you’ll need a Taxpayer Identification Number (TIN).

How to Fill PAN Application Form 49AA?

When completing Form 49AA for a PAN card, an individual or corporation must follow specific rules. Though filling out a form may appear to be a simple process, there are several regulations that must be followed or your application will be rejected. Some of the most significant guidelines to remember when filling out Form 49AA are listed below.

Basics Rules of Form 49AA Online Application – The candidate must complete the form entirely in English and not in any other language. The form should be filled out in block letters, and each box may only contain one character. The applicant should also use black ink to fill out the form; it is preferable to use ballpoint pens rather than liquid ink pens, since the latter may cause the form to seem splotchy.

Thumb imprint and signature on photographs- The applicant must submit a signature or left-hand thumb impression on the photograph linked to the form’s left top corner. The applicant should sign or leave a thumb impression that can be seen on both the image and the form.

AO code information- The AO code details, such as Area Code, AO Type, Range Code, and AO number, should be filled out by the applicant exclusively, and the details may be obtained from the Income Tax office or one of the PAN centers.

Accuracy of the information provided- It is critical to give accurate information while filling out the form. Giving inaccurate or erroneous information can lead to a number of difficulties, including the denial of the PAN application.

Contact information- Because the candidate is outside of India, they must supply the ISD code for their phone number. It is also critical that they provide the country’s name as well as the Zip code.

Where to Submit Form 49AA Online When Printed?

Applicants can send their completed applications, together with copies of needed papers, to the NSDL or UTIITSL offices. To be submitted at the NSDL office, the application must be mailed to –

Income Tax PAN Services Unit,

NSDL e-Governance Infrastructure Limited,

5th Floor, Mantri Sterling,

Plot No. 341, Survey No. 997/8,

Model Colony, Near Deep Bungalow Chowk,

Pune – 411 016

Documents Required as Attachments with the Form

Citizens from outside the nation must provide the appropriate papers, as well as Form 49AA, for Proof of Identity and Proof of Address. The following documents must be included with the application form:

Identity Proof:

  • Driver’s License
  • Passport
  • Arm’s Licence
  • Aadhaar Card
  • Photo identity card issued by a government body
  • Pensioner Card with photograph
  • Bank certificate

Address Proof:

  • Electricity Bill
  • Landline Bill
  • Broadband Bill
  • Water Bill
  • Gas Bill
  • Bank Statement
  • Post Office Statement
  • Passport
  • Domicile certificate
  • Aadhaar Card
  • Spouse passport
  • Depository account statement

Form 49AA – FAQs

Q1. Is it possible to complete Form 49AA in my regional/native language?

You cannot do so. Form 49AA should only be filled out in English. The form must be completed in block letters, with an empty box between terms that require space.

Q2. Can I sign a PAN application form with my left thumb if I am disabled?

Yes, you can sign a PAN application form using your left thumb impression. Regardless of disability, applicants are required to provide their left thumb impression or signature in the application form that is required to be submitted for availing a Permanent Account Number (PAN) or to carry out changes/corrections in the existing card issued by the Income Tax Department of the country, according to the guidelines released by NSDL.

Q3. What are the various payment channels available for making a PAN payment?

An applicant can pay using a demand draught, credit card, debit card, or even net banking.

Q4. What papers do I need to supply when I apply for a PAN using Form 49AA?

You will be required to provide Proof of Identity (POI) and Proof of Address (POA) papers (POA).

Q5. What is the purpose of Form 49AA?

Foreign residents residing outside of India who want to apply for a PAN in India must complete Form 49AA.

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