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What is the use of PAN Card?

Date: 09 Jan 2010   Posted By: Arun Kumar     Group: Lawyers    Category: Indian Law   

I want to know about the Permanent account Number use. Can any one tell me the information.

Author: sanjay Nagpur    12 Jan 2010      Member Level: Silver     Points : 3  (Rs 1)    Voting Score: 0

As the IT department made it mandetory to have PAN card to file your annual income returns.It is easy to count many uses of PAN card.The main and important use is it proves that you are ideal citizen and you are following the rule of nation.First it is important to give respect to the law of nation.After deep and open discussion the law relating PAN card was accepted and it is the duty of every citizen to obey the rules.

Author: MANISHA SATHIYA    12 Jan 2010      Member Level: Silver     Points : 1    Voting Score: 0

PAN card is document issued by the Department of Income Tax of India. Pan Card number is used to file a Income Tax Return and many more places like bank transaction more than 50,000 at a time, applying for mutual fund, share, De-mate account, stock transaction etc.

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