Showing posts with label Income Tax. Show all posts
Showing posts with label Income Tax. Show all posts

Thursday, 19 January 2017

What is PAN (Permanent Account Number)? How to read PAN ? What is structure of PAN?

PAN or Permanent Account Number is unique identification allotted to Assessee under IT act and relevant laws.
It is 10 digit Alpha-Numeric number issued by Income Tax Department.

Structure of PAN:


1st 3 Digit
4th digit
5th digit
Next 4 digit
Last digit
Sequential Alphabetical running from AAA to ZZZ
Shows status of PAN Holder

P – Individual or say person
C – Company
H – Hindu Undivided Family (HUF)
A – Association of Persons (AOP)
B – Body of Individuals (BOI)
G – Government Agency
J – Artificial Juridical Person
L – Local Authority
E – Limited Liability Partnership
F – Firm
T – Trust

First letter of Last Name or Surname, say G for Gupta in case of Individual

In case of Non-individual, first letter of PAN holder’s name


Sequential number running from 0001 to 9999
Last is Alphabetical letter which is called Check digit



 Example:
PAN will look like ABCPG4569Z (it is just random number for understanding purpose, not a actual PAN)


Also Refer:
CIN or Corporate Identification Structure


TAN or Tax Deduction and Collection Account Number

STC or Service Tax Registration Number