what is pan? please tell me this
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A permanent account number (PAN) is a ten-character alphanumeric identifier, issued in the form of a laminated "PAN card", by the Indian Income Tax Department, to any "person" who applies for it or to whom the department allots the number without an application. ... A PAN is necessary for filing income tax returns.
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The PAN (or PAN number) is a ten-character long alpha-numeric unique identifier.
The PAN' structure is as follows: Fourth character [P — Individual or Person ] Example: AAAPZ1234C
The first five characters are letters (in uppercase by default), followed by four numerals, and the last (tenth) character is a letter.
The first three characters of the code are three letters forming a sequence of alphabets letters from AAA to ZZZ
The fourth character identifies the type of holder of the card. Each holder type is uniquely defined by a letter from the list below:
A — Association of persons (AOP)
B — Body of individuals (BOI)
C — Company
E – LLP (limited liability partnership)
F — Firm
G — Government
H — HUF [Hindu joint family|Hindu undivided family]
L — Local authority
J — Artificial juridical person
P — Individual or Person
T — Trust (AOP)
The fifth character of the PAN is the first character of either:
of the surname or last name of the person, in the case of a "personal" PAN card, where the fourth character is "P" or
of the name of the entity, trust, society, or organisation in the case of a company/HUF/firm/AOP/trust/BOI/local authority/artificial judicial person/government, where the fourth character is "C", "H", "F", "A", "T", "B", "L", "J", "G".
The last (tenth) character is an alphabetic digit used as a check-sum to verify the validity of that current code.
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