The Permanent Account Number (PAN) Card is an official document issued by the Income Tax Department of India under the supervision of the Central Board of Direct Taxes (CBDT). It serves as a unique identifier for individuals, companies, and other entities involved in taxable financial activities within India.
The PAN consists of a 10-character alphanumeric code (e.g., ABCDE1234F), which is unique to each holder. It is primarily used for tracking financial transactions, preventing tax evasion, and maintaining a centralized record of financial activities.
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