Permanent Account Number

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf Identification number
gptkbp:abbreviation PAN
gptkbp:appliesTo Individuals
Trusts
Companies
Firms
Foreign nationals with taxable income in India
gptkbp:canBeAppliedOffline Yes
gptkbp:canBeAppliedOnline Yes
gptkbp:connectsTo gptkb:Aadhaar
gptkbp:contains Alphabetic and numeric characters
gptkbp:country gptkb:India
gptkbp:features Each taxpayer
gptkbp:format 10-character alphanumeric code
https://www.w3.org/2000/01/rdf-schema#label Permanent Account Number
gptkbp:introducedIn 1972
gptkbp:issuedBy gptkb:Income_Tax_Department_of_India
gptkbp:notTransferable Yes
gptkbp:printedOn gptkb:PAN_card
gptkbp:purpose Financial transactions
Tax identification
gptkbp:regulates gptkb:Central_Board_of_Direct_Taxes
gptkbp:requires Cash deposits above specified value
High-value financial transactions
Purchase of property above specified value
Applying for a credit card
Filing income tax returns in India
Foreign travel payments above specified value
Hotel or restaurant payments above specified value
Investments in securities above specified value
Mutual fund investments
Opening a Demat account
Opening a bank account in India
Opening a fixed deposit above specified value
Payment for foreign travel above specified value
Purchase of motor vehicles above specified value
Sale or purchase of bonds above specified value
Sale or purchase of shares above specified value
Section 139A of Income Tax Act, 1961
Payment to hotels and restaurants above specified value
Payment of life insurance premium above specified value
Sale or purchase of immovable property above specified value
Payment for purchase of foreign currency above specified value
Sale or purchase of mutual funds above specified value
gptkbp:usedFor Preventing tax evasion
Tracking financial transactions
gptkbp:validOn Lifetime
gptkbp:bfsParent gptkb:Tax_Deduction_and_Collection_Account_Number
gptkb:PAN_card
gptkbp:bfsLayer 7