PAN Structure | Know Your PAN Structure

Know Your PAN Structure

In a written note, the Ministry of Finance informed the Public Accounts Committee that PAN was generated using five parameters identifying a specific individual viz:-

à Full name

à Date of Birth/incorporation

à Status

à Gender in case of individual

à Father’s name in case of individuals (including married ladies)

These five fields, referred to as `core fields’ were considered essential without which PAN could not be allotted. The Ministry used phonetic/sounded algorithm to ensure uniqueness. PANs were allotted centrally by using customized software for all-India uniqueness that generated a 10 character number on the basis of the information of the five core-fields of the person in the following structure:

Like : AABCI1234A (So It has their own algorithm to define each Character as define in image below) Simpletaxindia.blogspot.com (Mr. Rajan Gupta) has written article in very detail about PAN Structure.

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 fields are alpha (A to Z)
6-9 fields are numeric (0-9)
10 fields is alpha (A-Z)

1. Forth field of pan denotes assessee status :

à for individual="P"

à for Company="C"

à for Trust ="T"

à for partnership firm="F"

à Body of Individual:"B"

à Association of persons:"A"

à HUF="H"

à Local authority:"L"

à Govt.="G"

à judicial artificial person:"j"

2. Fifth field of PAN denotes NAME

à In case of individual: Surname/last name(as given in pan application)

à for ex. in case of Ram Kumar(individual)

à 5th field will be "K"

à 4th field will be "P"

à In case of Ram Kumar Gupta (Individual)

à 5th field will be "G"

à 4th field will be "P"

In case of All Other Assesees (not confirmed for all the assessee)

à 5th field will be first letter of Name/first Name

à for ex : In case of Suresh Jindal (HUF) (confirmed)

à 5th field will be "S" (first letter of First name i.e Suresh)

à 4th field will be "H" (for HUF)

à for ex: in case of ABB LTD (confirmed)

à 5th field will be "A" (first letter of First name)

à 4th field will be "C" (for company)