PAN is a short form of Permanent Account Number. Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued by the Income Tax Department, to any “person” who applies for it. PAN acts as an identifier for the “person” with the tax department.
A typical PAN is ANKPN4337F.
First three characters i.e. “ANK” in the above PAN are alphabetic series running from AAA to ZZZ. Fifth character i.e. “N” in the above PAN represents first character of the PAN holder’s last name/surname. Last character i.e. “K” in the above PAN is an alphabetic check digit.