Actor Rajkummar Rao’s PAN is Misused for a Small loan of Rs.2500
PAN card is very important in today’s world because without a PAN card like you have a home but you do not have the key.
On April 2, 2022, famous actor Rajkummar Rao tweeted regarding the incident that happen with him related to the PAN card fraud due to which his CIBIL score has been affected.
Before sharing PAN details you must know what it is used for.
What is PAN?
PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN is issued in the form of a laminated plastic card with Enhanced Quick Response (QR) Code as given below (commonly known as PAN card):
What is the PAN Number Format?
PAN is a ten-digitunique alphanumeric number. So for understanding the structure we will take an example:
PAN : HGFPS2018D
“HGF” Out of the first five characters, the first three characters represent the alphabetic series running from AAA to ZZZ.
HGF “P”The fourth character of PAN represents the status of the PAN holder:“P” stands for Individual
“C” stands for Company
“H” stands for Hindu Undivided Family (HUF)
“A” stands for Association of Persons (AOP)
“B” stands for Body of Individuals (BOI)
“G” stands for Government Agency
“J” stands for Artificial Juridical Person
“L” stands for Local Authority
“F” stands for Firm/ Limited Liability Partnership
“T” stands for Trust
PAN : HGFP“S”2018DFifth character of PAN represents the first character of the PAN holder’s last name/surname in
case of an individual.
In case of non-individual PAN holders fifth character represents the first
character of PAN holder’s name.
PAN : HGFPS“2018”DNext four characters are sequential numbers running from 0001 to 9999.
PAN: HGFPS2018“D”Last character, i.e., the tenth character is an alphabetic check digit.
What is the use of PAN Card?
PAN enables the department to identify/ link all transactions of the PAN holder with the department. These transactions include tax payments, TDS/TCS credits, returns of income, specified transactions, correspondence, etc, and so on. It facilitates easy retrieval of information of PAN holder and matching of various investments, borrowings, and other business activities of PAN holder.
How to Apply for PAN?
1. Income Tax Department has authorised UTI Infrastructure Technology and Services Limited (UTIITSL) and National Securities Depository Limited (NSDL) to set-up and manage PAN Service Centers. UTIITSL and NSDL have established PAN Service Centers and TIN Facilitation Centers at various places in major cities of India (hereinafter referred to as PAN application centers of UTIITSL/NSDL).
Actor Rajkummar Rao’s PAN is Misused for a Small loan of Rs.2500
Rajkummar Rao (born Raj Kumar Yadav; 31 August 1984) is an Indian actor known for his work in Hindi films. He is cited as one of the most experimental actors of his generation. He has appeared in more than 30 films since 2010. Rao is the recipient of several accolades including a National Film Award, three Filmfare Awards and an Asia Pacific Screen Award. …. Wiki
