Pan card for the educational institutions
R Narasimha Swamy
(Querist) 19 December 2024
This query is : Resolved
Dear Sir,
Namaste!
We are a consulting company for the establishment of Community FM radio in our country. License for this type of Radio broadcasting station is issued to Educational institutions and NGOs (not-for-profit organizations) by Government of India.
While filing the application for obtaining the license for the Community radio, all these years Government of India was accepting the PAN card of the Trust/society of the educational institutions and not insisting on separate PAN for the Educational institutions.
However since last 1 year, they are insisting that, the applicant, I mean the Educational institutions also should have their own PAN card.
While browsing the internet to find a solution for the PAN card for the educational institution, I came across your post on: https://www.lawyersclubindia.com/experts/...
I fully agree with your advice and it is being followed everywhere.
As Government of India is now insisting for applicants for CRS to have their own PAN card, can we obtain separate PAN for the educational institutions? If so, there will be repercussions etc on having separate PAN card like filing audit report, Income tax etc.
Request your suggestion on this matter.
With kind regards,
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T. Kalaiselvan, Advocate
(Expert) 19 December 2024
It is a mandatory requirement to have a separate PAN card for the institution.
If there's no taxable income then you may have to file nil ITR
