All about PAN

panWhat is PAN or Permanent Account Number?

Permanent Account Number is a number allotted to a person by the Assessing Officer for the purpose of identification. P.A.N. of the new series has 10 alphanumeric characters and is issued in the form of laminated card.

Who shall apply for PAN?

Section 139A of the Income Tax Act provides that every person whose total income exceeds the maximum amount Continue reading