PAN CARD: ALL YOU NEED TO KNOW
HIGHLIGHTS
PAN is a 10-character alphanumeric code issued by the Income Tax department
It is used to identify a tax payer, whether an individual, Hindu undivided family or a company
The application for PAN allotment is made in Form 49A/ 49AA
PAN (Permanent Account number) is a 10-character alphanumeric code issued by the Income Tax department to identify a tax payer, whether an individual, Hindu undivided family (HUF), a company, firm or an association of persons. The PAN card is issued under the provisions of section 139A of the Income Tax Act, 1961.
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Do you need to apply for PAN?
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