Permanent Account Number (PAN) – Section 2(76) | Income-tax Act, 2025 vs 1961

§ 2(76) · Income-tax Act, 2025

Permanent Account Number (PAN)

ITA 2025 · 2(76) ≈ S.139A Expl.(b) · 1961 Act
Definition — Section 2(76)

Means a permanent account number issued under Section 139A of the Income-tax Act, 2025 — a unique 10-digit alphanumeric identifier for each taxpayer.

Act Comparison
Income-tax Act, 2025
2(76)
Permanent Account Number (PAN)
Income-tax Act, 1961
S.139A Expl.(b)
Permanent account number — defined in Explanation to S.139A
Key Points
  • Existed in the 1961 Act as an Explanation to Section 139A — the 2025 Act elevates it to a standalone Section 2 definition
  • PAN-Aadhaar linkage mandatory for most taxpayers — Aadhaar can be quoted in lieu of PAN where applicable
  • Higher TDS applies when PAN is not furnished — making PAN registration essential for any income-earning activity
💡 Practical Note

Without PAN, TDS is deducted at 20% or the normal rate, whichever is higher — making PAN registration essential for any income-earning activity.

Published by Simplified Tax India — Clear, section-wise comparison of Income-tax Acts. ← Back to Section 2 Definitions Table
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