What is Pan Card
- Pan Card is the Registration number in Income tax
- It is of 10 digits
- 5 Alphabets+4 Numbers+1Alphabet
- It can be obtained by Individuals as well as partnership firm and companies .
- A person and his proprietorship firm has same pan number.However if it is partnership or company,then separate pan number is to be obtained
For Example
Name |
Constitution |
Pan No. |
Remarks |
Maninder Singh
|
Individual |
BBUPS5192K |
Same Pan no for both Individual or Proprietorship |
Maninder Singh & Co
|
Proprietorship
|
BBUPS5192K |
|
Maninder Singh & Co
|
Partnership |
ABAFM7654K |
Different Pan no for Partner and his Partnership |
Maninder Singh Private Limited
|
Company |
AJACM7654M |
Different Pan no for Individual and his Company |
Pan Card has
- Name
- Pan No
- Date of Birth for Individuals
- (In case of firms,date of partnership deed and companies, date of incorporation)
Note :-It does not contain address, hence it is only ID Proof and not address proof
Examples
4 th Digit of Pan Card
P-Personal/Proprietor
F-Partnership Firm
C:- Company
5 th Digit of Pan Card
It is the First Alphabet of Surname in case of Individual
It is the First Alphabet of Name in case of Parnership/Firm