what is a pan card?
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PAN Card is 10 digit alphanumerical number provide by income tax department for financial transactions and if you have any corrections on pan card and want to print a duplicate copy then see [duplicate pan card online] . http://knowyourpan.net/duplicate-pan-card-online/
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Hie Pranesh,
- Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax
Department, to any โpersonโ who applies for it or to whom the department allots the number without an application.
- PAN enables the department to link all transactions of the โpersonโ with the department. These transactions include tax
payments, TDS/TCS credits, returns of income/wealth/gift/FBT, specified transactions, correspondence, and so on. PAN, thus,
acts as an identifier for the โpersonโ with the tax department.
- PAN was introduced to facilitates linking of various documents, including payment of taxes, assessment, tax demand, tax arrears
etc. relating to an assessee, to facilitate easy retrieval of information and to facilitate matching of information relating to
investment, raising of loans and other business activities of taxpayers collected through various sources, both internal as well as
external, for detecting and combating tax evasion and widening of tax base.
A typical PAN is AFZPK7190K.
- First three characters i.e. โAFZโ in the above PAN are alphabetic series running from AAA to ZZZ
- Fourth character of PAN i.e. โPโ in the above PAN represents the status of the PAN holder. โPโ stands for Individual, โFโ stands for
Firm, โCโ stands for Company, โHโ stands for HUF, โAโ stands for AOP, โTโ stands for TRUST etc.
- Fifth character i.e. โKโ in the above PAN represents first character of the PAN holderโs last name/surname.
- Next four characters i.e. โ7190โ in the above PAN are sequential number running from 0001 to 9999.
- Last character i.e. โKโ in the above PAN is an alphabetic check digit.
"Dear Friend,
as far as your query is concerned that What is PAN?
Let me informed that What is PAN?
Permanent Account Number (PAN) is a ten-digit alphanumeric
number, issued in the form of a laminated card, by the
Income Tax Department, to any ""person"" who applies for it or to
whom the department allots the number without an application.
.
What is PAN?
.
PAN enables the department to link all transactions of the
""person"" with the department. These transactions include tax
payments, TDS/TCS credits, returns of income/wealth/gift/FBT,
specified transactions, correspondence, and so on. PAN, thus,
acts as an identifier for the ""person"" with the tax department.
.
What is PAN?
.
PAN was introduced to facilitate linking of various documents,
including payment of taxes, assessment, tax demand, tax
arrears etc. relating to an assessee, to facilitate easy retrieval of
information and to facilitate matching of information relating to
investment, raising of loans and other business activities of
taxpayers collected through various sources, both internal as well
as external, for detecting and combating tax evasion and
widening of tax base.
Hope answer was helpful to you
Regards,
Arjun Pratap Singh
"
**Permanent Account Number (PAN)** is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, to any โpersonโ who applies for it or to whom the department allots the number without an application.
let me informed that PAN stand for Permanent Account Number this is a code that acts as identification of Indians, especially those who pay Income Tax.
as far as your query is concerned that what is a pan card?
let me informed that PAN stand for Permanent Account Number this is a code that acts as identification of Indians, especially those who pay Income Tax.
**PANCARD**
Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax
Department, to any โpersonโ who applies for it or to whom the department allots the number without an application.
PAN enables the department to link all transactions of the โpersonโ with the department. These transactions include tax
payments, TDS/TCS credits, returns of income/wealth/gift/FBT, specified transactions, correspondence, and so on. PAN, thus,
acts as an identifier for the โpersonโ with the tax department.
PAN was introduced to facilitates linking of various documents, including payment of taxes, assessment, tax demand, tax arrears
etc. relating to an assessee, to facilitate easy retrieval of information and to facilitate matching of information relating to
investment, raising of loans and other business activities of taxpayers collected through various sources, both internal as well as
external, for detecting and combating tax evasion and widening of tax base.
Thanks
Dear Pranesh,
as far as your query is concerned that what is a pan card?
let me informed that PAN stand for Permanent Account Number this is a code that acts as identification of Indians, especially those who pay Income Tax.
It is a unique, 10-character alpha-numeric identifier, issued to all judicial entities identifiable under the Indian Income Tax.
a card on which PAN is printed is called PAN Card.
Hope answer was helpful to you
Regards,
Arjun