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)
1. Forth field of pan denotes assessee status :
* for individual="P"
* for Company="C"
* for Trust ="T"
* 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
* 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)
