6) For allotment of PAN, an application to be made in Form 49A/49AA as the case may be in the following manner:

• In case where the total income of the person or any other person for which he is assessable under the Act exceeds the maximum amount not chargeable to tax and he does not have a PAN – By 31^st May of the A.Y. for which his income is assessable
• In case of person not falling in a) above , but carrying on business /profession , total sales/gross receipts/turnover of which is likely to exceed Rs 5 Lacs in any F.Y. & who does not have a PAN – Before the end of that F.Y.
• In case of a person who is required to furnish return u/s 139(4A) & who does not have a PAN – Before the end of F.Y.
• In case of any other person who is entitled to receive any sum on which tax is deductible under Chapter XVII -B in any F.Y. – Before the end of F.Y.
• In case of a person who is resident other than individual and enters into a transaction of Rs. 2,50,000 or more in a F.Y. – By 31^st May immediately following the F.Y.
• In case of a person who is MD, director, partner, trustee, author, founder, karta, CEO, Principal Officer, office bearer of a person refered to in (e) or any other person on his behalf – By 31 May immediately following the financial year in which the person referred to in clause (v) enters into financial transaction specified therein.
• In case of any person who enters into any transaction as prescribed by the Board u/s 139A(1)(vii), at least seven days before the date on which he intends to enter into the said transaction.