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of <h1>New Companies Can Apply for PAN via SPICe Using Form INC-32; Data Sent to Tax Authority Electronically.</h1> The notification outlines the procedure for applying for a Permanent Account Number (PAN) through the Simplified Proforma for Incorporating Company Electronically (SPICe) using Form No. INC-32. This process is applicable to newly incorporated companies. The application is submitted electronically with a digital signature, and upon generation of the Corporate Identity Number (CIN), the Ministry of Corporate Affairs forwards the data to the Income Tax Authority in the prescribed XML format. The notification specifies the classes of persons, forms, and procedures involved in this process as per the directives of the Central Board of Direct Taxes.
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