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PAN is the short form of Permanent Account Number. In India, each taxpayer has a distinct 10-character number, which is the PAN assigned to that particular taxpayer. The PAN full form is Permanent Account Number which is a ten-digit unique identification number that is provided to an entity by India’s Income Tax Department. PAN stands for Permanent Account Number, used for personal and entity tax identification. TAN stands for Tax Deduction and Collection Account Number, which is required for entities responsible for deducting or collecting tax at source (TDS/TCS).