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(verifiedplacements.com)- PAN (Permanent Account Number) is a 10 digit alphanumeric number, issued in the form of a plastic card, by the Income Tax Department of India. PAN enables department to link to all transaction (TCS/TDS credits, income tax return or any other transaction) of holder with the department. So PAN acts as an identifier of the holder with tax department, India.Typical PAN is ABCIE1111F.
Where first 3 characters (ABC from above PAN) are series of PAN which start from AAA to ZZZ.
Fourth character (D) defines type of assesses. Please find assesses status as below:
Type of assesses
A = Association of Persons (AOP)
B = Body of Individuals (BOI)
C = Company
F = Firm
G = Government
H = HUF(Hindu Undivided Family)
J = Artificial Juridical Person
L = Local Authority
P = Person
T = AOP (Trust)
