Understand the PAN (Permanent Account Number)
PAN is a 10 digit alpha numeric number, where the first 5 characters are letters, the next 4 numbers and the last one a letter again. These 10 characters can bedivided in five parts as can be seen below. The meaning of each number has been explained further. First three characters are alphabetic series running from AAA to ZZZ Fourth character of PAN represents the status of the PAN holder. C — Company P — Person H — HUF(Hindu Undivided…