e-PAN is actually a digitally signed PAN card issued in electronic or digital format by the Income-tax department.Į-PAN is a valid proof of PAN.
The ten-digit unique alphanumeric number issued by the IT Department can be obtained digitally as well. Additionally, every person who wants to carry on a specified financial transactions in which quoting of PAN is mandatory must also obtain a PAN card. New Delhi: Permanent Account Number (PAN) issued by the Income Tax Department is a very important financial document and the laminated plastic card is popularly known as PAN card.Įvery person has a business or profession with total sale, turnover, or gross receipts that are likely to exceed Rs 5 lakh in any previous year has to obtain a PAN card.
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