What is the Full Form of PEN Card?

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PEN Card Full Form is Permanent Account Number. It is unique ten-digit alphanumeric combination issued by the Income Tax Department in India. It acts as an important proof of Identity for all Indians, specifically for those who pay Income Tax and It is opening a new bank account or buying and selling of business goods. This card is issued by Income Tax Department of India, under section 139A of Indian Income Tax Act 1961.

These transactions may include :-
  •  For opening a bank account
  • For filling an income tax return
  • For getting a loan and more.

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