Every taxpayer is required to have a PAN number while filing an income tax return. PAN (Permanent Account Number) is a unique number allotted to every taxpayer in India. The PAN card contains the PAN number and identity details of an individual.
What is a PAN Card?
A PAN card is a card issued by the Income Tax Department under the Income Tax Act, 1961. The PAN card contains 10-digit alphanumeric code which is computer-generated and is PAN number. Along with it, it also includes individual details, such as name and date of birth.