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प्रश्न
What is PAN? Why is it required?
उत्तर
Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued by the Income Tax Department.
It is required because it enables the department to link all transactions of the enterprise with the department. These transactions include tax payments, TDS/ TCS credits, returns of income/wealth/ gift/FBT, etc.
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