What is a PAN card? PAN card is an abbreviation for Permanent Account Number, is a 10 digit alphanumeric number issued in the form of a plastic card, by Income Tax Department of India. It enables the income tax department of India to track all the financial transaction records of the person, in any form i.e., either by cash, cheque or any type of digital transaction etc. Format of PAN number A typical PAN number is BUOPA7734K. Also Read: The format of the PAN number is: First three characters in a PAN number are alphabetical series between AAA to ZZZ. The fourth character of PAN represents the status of the PAN holder i.e., "P” stands for Individual. "F” stands for Firm. "C” stands for Company. "H” stands for HUF. "A” stands for AOP. "T” stands for TRUST etc. The fifth character in the PAN represents the first letter of the last name/surname of the owner.Next four characters are the number range from 0001 to 9999.The last character in the P...