The documents required to apply for a PAN card for a partnership firm are:
- Partnership deed (registration optional)
- One of the Partner has to sign in the PAN Application
- A copy of the firm’s registration certificate (if applicable)
- A copy of the firm’s GST registration certificate (if applicable)
Does an unregistered partnership firm obtain PAN?
An unregistered partnership firm is eligible to obtain a Permanent Account Number (PAN) from the Income Tax Department of India.
PAN is a unique identification number issued to taxpayers by the Income Tax Department, and it is mandatory for businesses and individuals to have a PAN for various financial transactions.
As per the Income Tax Act, partnership firms are eligible to apply for PAN. However, an unregistered partnership can apply for PAN by registering their firm under the respective laws of the state government where the partnership firm is situated and then apply for PAN.
