Bulk PAN Verification Guide

PAN (Permanent Account Number) is crucial for various financial and regulatory purposes. For entities needing to verify multiple PANs simultaneously, bulk verification services are available. Here’s a detailed guide on how to perform bulk PAN verification, the registration process, and associated costs.

Options for PAN Verification

1. Single PAN Verification
• Verify one PAN card at a time.
2. Bulk PAN Verification
• For External Agencies: Multiple PAN details can be verified simultaneously. External agencies such as banks, government departments, and financial institutions can use this service.
• User Paying Model: Allows bulk verification with payment options for entities that exceed free limits.

Bulk PAN Verification for External Agencies

External agencies, including government departments, banks, and authorized institutions, can use the following process for bulk PAN verification through the Income Tax India E-Filing website:

1. Register
• Register on the Income Tax India E-Filing website.
2. Upload Query
• Navigate to the Bulk PAN Query page.
• Upload the PAN query in XML format.
3. Submit Query
• Click 'Submit'. A token number will be generated for tracking.
4. View Results
• Use the token number to access and download the details of the uploaded PANs.

Steps for User Registration for Bulk PAN Verification

1. Visit the E-Filing Website
• Go to the Income Tax Department's e-Filing website.
2. Select User Type
• Choose 'Bulk PAN Verification User'.
3. Enter Details
• Provide PAN/TAN details of the agency, password, principal contact PAN, communication details, and Digital Signature Certificate.
4. Submit
• Click 'Submit' and provide an authorization letter from the agency's head.
5. Activate Account
• After document review and approval, an activation link will be sent to the registered email. Click the link to activate the account.
6. Login
• Use the new User ID and password to complete the registration.

Modes of Bulk PAN Verification

1. File and Screen-Based Verification
• Verify up to 1,000 unique PANs.
• Upload the list in a predefined file format.
• Results available for download for up to 15 days.
• Verification Time: Approximately 24 hours.
2. API (Software) Based PAN Verification
• Online verification via a software interface accessing the website for bulk PAN verification.
3. Screen-Based Verification
• Verify up to 5 PANs simultaneously.
• Results are displayed instantly.

Common Responses to Bulk PAN Verification Requests

• Deleted/Deactivated PAN: Status marked as "Deleted" or "Deactivated".
• Fake PAN: Status marked as "Marked as Fake".
• Valid PAN: Details include the name of the holder, PAN status, and latest update.
• Valid PAN with Events: Displays name, latest update, current status, and any significant events (e.g., acquisition or merger).
• PAN Not Available: Status marked as "Not present in ITD database".

Charges for Bulk PAN Verification Services

Annual Registration Charges (including 18% GST):

• File and Screen-Based Verification: ₹14,160
• API (Software) Based PAN Verification: ₹14,160
• Screen-Based Verification: ₹14,160

Charges for 'User Paying' Model:

• Annual Registration Fee: ₹12,000 plus 18% GST.
• Free PAN Verification Limit: 750 PANs per day.
• Charges Beyond Free Limit:

API or File-Based Verification Rates:

• Up to 7.5 lakh PANs: ₹0.30 per PAN (Free limit: 750 PANs)
• More than 7.5 lakh up to 15 lakh PANs: ₹0.25 per PAN (Free limit: 1,000 PANs)
• More than 15 lakh up to 30 lakh PANs: ₹0.15 per PAN (Free limit: 1,500 PANs)
• Over 30 lakh PANs: ₹0.05 per PAN (Free limit: 2,500 PANs)

For more details, you can visit the Income Tax India E-Filing website or contact the relevant authorities.