Saturday, June 27, 2009

KNOW YOUR PAN STRUCTURE

Permanent Account Number (PAN) is a ten-digit alphanumeric identifier, issued by Income Tax Department. Each assessee (e.g. individual, firm, company etc.) is issued a unique PAN.

1-5 field are alpha(A to Z)
6-9 field are numeric(0-9)
10 field is alpha(A-Z)

  1. Forth field of pan denotes assessee status :
  • for individual="P"
  • for Company="C"
  • for Trust ="T"
  • for partnership firm="F"
  • Body of Individual:"B"
  • Association of persons:"A"
  • HUF="H"
  • Local authority:"L"
  • Govt.="G"
  • judicial artificial person:"j"
2.Fifth field of PAN denotes NAME

  • In case of individual: Surname/last name(as given in pan application)
  • for ex. in case of Ram Kumar(individual)
  • 5th field will be "K"
  • 4th field will be "P"
  • In case of Ram Kumar Gupta(Individual)
  • 5th field will be "G"
  • 4th field will be "P"

  • In case of All Other Assesees (not confirmed for all the assessee)
  • 5th field will be first letter of Name/first Name
  • for ex : In case of Suresh Jindal (HUF)(confirmed)
  • 5th field will be "S"(first letter of First name i.e Suresh)
  • 4th field will be "H"(for Huf)
  • for ex: in case of ABB LTD(confirmed)
  • 5th field will be "A"(first letter of First name)
  • 4th field will be "C"(for company)

income tax, pan card, area converter, marathi news papers, pancard

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