(Tax Consultant)

MISHRANI & CO.

BHAVIK MISHRANI & ASSOCIATES ,

Above SBI , Jayshree Road,

Junagadh-362001

Address:

PAN Services :

PAN Services Available

Permanent Account Number (PAN) is unique alphanumeric combination issued to all juristic entities identifiable under the Indian Income Tax Act 1961. It is issued by theIndian Income Tax Department under the supervision of the Central Board for Direct Taxes (CBDT) and is almost equivalent to a national identification number. It also serves as an important ID proof.

This number is almost mandatory for financial transactions such as opening a bank account, receiving taxable salary or professional fees, sale or purchase of assets above specified limits.

The PAN is unique, national, and permanent. It is unaffected by a change of address, even betweenstates.

Structure and validation :

PAN structure is as follows: AAAAA9999A: First five characters are letters, next 4 numerals, last character letter

The fourth character of the PAN must be one of the following, depending on the type of assesse:

C — Company

P — Person

H — HUF (Hindu Undivided Family)

F — Firm

A — Association of Persons (AOP)

T — AOP (Trust)

B — Body of Individuals (BOI)

L — Local Authority