Should I get PAN Card made for my minor daughter?
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My daughter is 16+ years old. She is a student and she doesn't have any independent income. However, she has a minor savings account and some FDs in her name. Some of my friends have suggested me to get a PAN Card made for my daughter. In this connection, I would like to know the following:-
(a) Is it necessary to have PAN Card for my daughter, when she has no independent income?
(b) Will not having PAN Card cause problem in withdrawing money (by her) from her savings account and FD accounts in future?
(c) What are the documents required (for a minor without any income) to get a PAN Card?
Kindly furnish point-wise reply.