Can anyone tell me what is the significance of alphabets and numbers in the PAN. However I know the significance of 4th and 5th alphabet. Please tell me the significance of others.
2 Replies
Rishubh Mathur
(Analyst -Taxation)
(442 Points)
Replied 18 July 2008
Dear freind,
Fourth & Fifth alphabets in PAN are important for they are not any random or sequentially alloted alphabets, rather they represent nature of assessee/ person and its name.
Fourth alphabet signifies type/ category of person, the allotee is:-
P - Individual
H - HUF
C - Company
T - Trust, etc.
While the fifth alphabet is the first letter of individual's last name or name, in case of any other person.
Rushikesh
(Chartered Accountant - Manager Finance)
(2375 Points)
Replied 18 July 2008
What is the significance of rest of all the digits and numbers?
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