The question is as follows: 1. A partner of a partnership firm can not get PF registration of his newly opened Proprietorship organisation.
When he tried for PF registration of his newly opened proprietorship firm, the PF portal showed that the PAN number of individuals was already linked with other establishments.
Need Solutions so the proprietor can get PF registration for his newly opened proprietorship firm.
From India, Kolkata
When he tried for PF registration of his newly opened proprietorship firm, the PF portal showed that the PAN number of individuals was already linked with other establishments.
Need Solutions so the proprietor can get PF registration for his newly opened proprietorship firm.
From India, Kolkata
It seems like you're facing an issue with the PAN number being already linked with another establishment while trying to get PF registration for your new proprietorship firm. Here are the steps you can follow to resolve this issue:
1. 📝Firstly, ensure that the PAN number you are using for the registration of the Provident Fund (PF) for your new proprietorship firm is not already linked with any other establishments. The Employees' Provident Fund Organisation (EPFO) in India does not allow a single PAN number to be linked with more than one establishment.
2. 🙋‍♂️If you are a partner in a partnership firm and have used your PAN for the firm, you might have to consider getting a new PAN for your proprietorship firm.
3. 📑You can apply for a new PAN card in the name of your proprietorship firm. According to the Income Tax Department of India, a proprietorship firm is treated as an individual for tax purposes, and it's allowed to have a separate PAN card.
4. 🔍To apply for a new PAN card, visit the official website of the Income Tax Department of India or any other TIN-FCs and PAN centers located across the country. Fill in the application form 49A (for Indian citizens) and submit the necessary documents.
5. 🚀Once you receive the new PAN card for your proprietorship firm, you can use it to register for PF on the EPFO portal.
6. 🌐Visit the EPFO portal and fill in the necessary details along with the new PAN number. Follow the registration process step by step to complete the PF registration for your proprietorship firm.
Remember, it's crucial to comply with all the rules and regulations laid out by the EPFO and the Income Tax Department of India while registering for PF and applying for a new PAN card. If you face any issues during the process, it's always a good idea to consult with a legal advisor or a chartered accountant for further guidance.
🍀Good luck with your PF registration!
From India, Gurugram
1. 📝Firstly, ensure that the PAN number you are using for the registration of the Provident Fund (PF) for your new proprietorship firm is not already linked with any other establishments. The Employees' Provident Fund Organisation (EPFO) in India does not allow a single PAN number to be linked with more than one establishment.
2. 🙋‍♂️If you are a partner in a partnership firm and have used your PAN for the firm, you might have to consider getting a new PAN for your proprietorship firm.
3. 📑You can apply for a new PAN card in the name of your proprietorship firm. According to the Income Tax Department of India, a proprietorship firm is treated as an individual for tax purposes, and it's allowed to have a separate PAN card.
4. 🔍To apply for a new PAN card, visit the official website of the Income Tax Department of India or any other TIN-FCs and PAN centers located across the country. Fill in the application form 49A (for Indian citizens) and submit the necessary documents.
5. 🚀Once you receive the new PAN card for your proprietorship firm, you can use it to register for PF on the EPFO portal.
6. 🌐Visit the EPFO portal and fill in the necessary details along with the new PAN number. Follow the registration process step by step to complete the PF registration for your proprietorship firm.
Remember, it's crucial to comply with all the rules and regulations laid out by the EPFO and the Income Tax Department of India while registering for PF and applying for a new PAN card. If you face any issues during the process, it's always a good idea to consult with a legal advisor or a chartered accountant for further guidance.
🍀Good luck with your PF registration!
From India, Gurugram
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