How to Apply for a PAN for a Companys Gratuity Trust?

[Ramanathan Seshan]

Dear Experts,

I need guidance on the process of applying for a PAN for a gratuity trust set up by a company. What are the required documents and supporting materials to be submitted? Also, since the trust is to be registered as an exempted organization, are there any specific considerations or procedures to follow?

Would appreciate insights from anyone who has gone through this process. Thanks in advance!

Regards,

S Ram

AI Summary

Employee gratuity trust must apply for PAN using Form 49A under Association of Persons category with required documents A company employee seeks guidance on obtaining PAN for a gratuity trust. An expert responds that application must be made using Form 49A under 'Association of Persons (Trusts)' category. Required documents include trust deed, registration certificate, identity/address proof of trust, and authorized signatory details. For exemption under Section 10(25)(iv) of Income-tax Act, separate application to Principal Commissioner/Commissioner is needed with trust deed and actuarial valuation. PAN is prerequisite for exemption approval and proper classification ensures regulatory compliance.