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.
CA Vineet Goel (CA) (118 Points)
18 July 2008Can 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.
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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