Question

explain the uses of pan​

Answer 1

⠀ ⠀⠀ ⠀⠀ ⠀⠀ ⠀⠀ $\huge{\tt{\red{❥}\green{A}\purple{N}\pink{S}\blue{W}\orange{E}\red{R}}}$

ᴀ ᴘᴀɴ ᴄᴀʀᴅ ʜᴇʟᴘs ᴛʜᴇ ɪɴᴄᴏᴍᴇ-ᴛᴀx ᴀᴜᴛʜᴏʀɪᴛʏ ɪɴ ᴋᴇᴇᴘɪɴɢ ᴀ ᴛʀᴀᴄᴋ ᴏғ ᴀʟʟ ғɪɴᴀɴᴄɪᴀʟ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs ᴛʜᴀᴛ ᴍᴀʏ ʙᴇ ᴇssᴇɴᴛɪᴀʟ ɪɴ ᴀssᴇssɪɴɢ ᴀɴ ɪɴᴅɪᴠɪᴅᴜᴀʟ ᴏʀ ᴄᴏᴍᴘᴀɴɪᴇs ᴛᴀx ʟɪᴀʙɪʟɪᴛʏ, ɪᴛ ʜᴇʟᴘs ɪɴ ʀᴇᴅᴜᴄɪɴɢ ᴛʜᴇ ᴄʜᴀɴᴄᴇs ᴏғ ᴛᴀx ᴇᴠᴀsɪᴏɴ. ᴛʜᴇ ᴘᴀɴ ɴᴜᴍʙᴇʀ ɪs ᴜɴɪǫᴜᴇ ᴛᴏ ᴇᴠᴇʀʏ ᴇɴᴛɪᴛʏ ᴡʜᴏ ʜᴏʟᴅs ᴀ ᴘᴀɴ ᴄᴀʀᴅ.❤

Answer 2

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= A PAN card helps the Income-tax Authority in keeping a track of all financial transactions that may be essential in assessing an individual or companies tax liability, it helps in reducing the chances of tax evasion. ... The PAN number is unique to every entity who holds a PAN card.