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More 11.50 Lakhs Multipal or Duplicate PAN Cards detect and deleted by Income Tax Department

As per press Information Bureau Government of India-Ministry of Finance 1169238 PAN Cards deleted as Duplicate or multiple status. The Income Tax Department has found the duplicate or multiple PANs which alloted to the same person through an automated Computer System of the Department. Till date 11,69,238 multiple PANs have been detected and deleted. This information was given by the Minister of State for Finance, Shri S.S.Palanimanickam in written reply to an Unstarred Question in Lok Sabha today.

The Status of PAN CARD Holders as below:

Status of PAN Card

No. of Pan Card

As on 31st March 2009

8,09,21,993

As on 31st March 2010

9,59,26,877

As on 31st March 2011

12,10,45,706

No. of Returns filed during the financial year

Fin. Year : 2008-09

3,38,69,567

Fin. Year : 2009-10

3,27,36,625

Fin. Year : 2010-11

3,47,75,956


Structure of PAN Card:

Permanent Account Number under new series is based on following constant permanent parameters of a taxpayer and uses Phonetic Soundex code algorithm to ensure uniqueness :-

i. Full name of the taxpayer;

ii. Date of birth / Date of Incorporation;

iii. Status;

iv. Gender in case of individuals; and

v. Father’s name in case of individuals (including in the cases of married ladies)

These five fields are called core fields, without which PAN cannot be allotted.

The PAN under the new series is allotted centrally by a customized application system (IPAN / AIS) for all-India uniqueness. The system automatically generates a 10 character PAN using the information in above five core fields. PAN has the following structure:-

Structure of PAN

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The fourth character of the PAN must be one of the following, depending on the type of assessee:
C Company
PPerson
HHUF(Hindu Undivided Family)
F Firm
A Association of Persons (AOP)
T AOP (Trust)
B Body of Individuals (BOI)
L Local Authority
J Artificial Juridical Person
GGovernment

The fifth character of the PAN is the first character (a) of the surname / last name of the person. In the case of Personal Pan card, where the fourth character is "P" or (b) of the name of the Entity/ Trust/ Society/ Organization in the case of Company/ HUF/ Firm/ AOP/ BOI/ Local Authority/ Artificial Juridical Person/ Government, where the fourth character is "C","H","F","A","T","B","L","J","G".

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What is Phonetic PAN Card?

The phonetic PAN (PPAN) is a new concept which helps prevent allotment of more than one PAN to assessees with same / similar names. AIS works out the PPAN based on some important key fields of an assessee using an internal algorithm. At the time of PAN allotment, the PPAN of the assessee is compared with the PPANs of all the assessees to whom PAN has been allotted all over the nation. If a matching PPAN is detected, a warning is given to the user and a duplicate PPAN report is generated. In such cases, a new PAN can only be allotted if the Assessing Officer chooses to override the duplicate PPAN detection.

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