Permanent Account Number
Permanent Account Number (PAN) is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN is issued in the form of a laminated plastic card as given below (commonly known as PAN card): Now we shall discuss on the structure of the ten characters of PAN.
"C" stands for Company
"H" stands for Hindu Undivided Family (HUF)
"A" stands for Association of Persons (AOP)
"B" stands for Body of Individuals (BOI)
"G" stands for Government Agency
"J" stands for Artificial Juridical Person
"L" stands for Local Authority
"E" stands for Limited Liability Partnership
"F" stands for Firm
"T" stands for Trust Fifth character of PAN represents the first character of the PAN holder's last name/surname in case of an individual. In case of non-individual PAN holders fifth character represents the first character of PAN holder's name.