What is a Permanent Account Number (PAN)?
PAN is a number allotted by the Income Tax Department of India. It is required to file Income Tax returns for assessees irrespective of the level of taxable income.
Is it one-time ?
Yes, it’s a one-time permanent number.
I have a PAN, do I have to file Income Tax return?
If you carry a PAN, it does not mean that you will have to compulsorily file Income Tax return. However, if you want to file the Income Tax return, you must have PAN without which you cannot file the return.
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