Why PAN is not identity proof?
as PAN card do not hold any address. you need a address proof with photograph on it.
Is PAN an officially valid document?
Officially valid documents (OVDs) for KYC purposes include Passport, driving licence, voters' ID card, PAN card, Aadhaar letter issued by UIDAI and Job Card issued by NREGA signed by a State Government official
What are the list of valid OVDs?
Officially Valid documents (OVDs):
The Passport • The Driving Licence • The voter identity card issued by the Election Commission of India • Job card issued NREGA duly signed by an officer of the State
The Passport • The Driving Licence • The voter identity card issued by the Election Commission of India • Job card issued NREGA duly signed by an officer of the State
Government • Letter issued by the National Population Registrar containing details of name and address.
Is PAN invalid without Aadhaar?
If an individual does not link PAN to Aadhaar within the due date, his/her PAN will become inoperative. Once PAN becomes inoperative, it will not be possible to furnish, intimate, or quote the PAN number anywhere. This may further result in: Higher tax rate applied for income tax purposes.
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