What is PAN?
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)
- Forth field of pan denotes assessee status :
- 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)