PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department in India. It is issued in the form of a laminated plastic card (commonly known as PAN card). It serves as a unique identification number for individuals and entities in India for tax purposes
Linking of PAN With Aadhaar
The Finance Act, 2017 had inserted a new section 139AA in the Income Tax Act, 1961, requiring every person who is eligible to obtain Aadhaar to quote his/her Aadhaar number while applying for PAN or furnishing return of income with effect from July 1, 2017.
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