TaxTMI 
TaxTMI 
TaxTMI 
Sir,
I want to know that is it compulsory PAN CARD No. for a Registered Proprietorship Firm.
PAN CARD For Regd.Prop.ship Firm
Ramesh Parmar
Proprietorship Firms Don't Need Separate PAN; Proprietor's Personal PAN is Sufficient Under Section 139A of the Income Tax Act. A query was raised regarding the necessity of a PAN card for a registered proprietorship firm. Three responses clarified that for a proprietorship, a separate PAN for the firm is not required. Instead, the proprietor's individual PAN is sufficient. References were made to Section 139A of the Income Tax Act, 1961, indicating that if a PAN is needed, it must be in the proprietor's name, not the firm's. (AI Summary)