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What is the use of a PAN number? How do we obtin a PAN? Who has to submit their Income-returns? Is it compulsory to submit Income-tax returns? If we do have PAN till now, what can we should we do? Will there be any Penalty?------(INDIA)

2006-07-28 02:02:16 · 1 answers · asked by K N Swamy 3 in Social Science Economics

1 answers

Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department.

A typical PAN is AABPS1205E.

More details at http://incometaxindia.gov.in/PAN/Overview.asp

Details about Income Tax: http://www.taxmann.com/TaxmannDit/IntTax/nrcont.aspx

2006-07-30 02:02:58 · answer #1 · answered by Jigyasu Prani 6 · 1 0

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