Saurabh Maheshwari (B.com,ACA) (5923 Points)
29 August 2012A trick to identify that to which entity a give PAN belongs to (Indiv, company, HUF etc....)
As we know, A PAN consists of 10 alphanumeric digits. For Eg. -ARJPC1108K.
Catch the fourth letter of PAN
In the above example fourth letter is P, so P-for Person (individual ) , similarly C-Company, T-Trust , F-P'ship firm , H-HUF etc.
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 29 August 2012
Also the 5th letter stands for the first letter of the surname in case of an individual.
Like AHWPM5190N -- here 5th letter M stands for Mehta or Modi or Majumdar in case of individual.
Similarly AACCC7890D -- here 4th letter is C - Company and 5th also being C , denotes a company whose name starts with C like Coal India etc.
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