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CA Final Permanent Account Number — practice questions

Explore 82 free Permanent Account Number questions in CA Final Taxation. Open each question or exercise to read its content, reference answers and available explanation.

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Permanent Account Number questions and exercises with answers

Showing questions 1–30 of 82.

The fourth character of a PAN shows the holder type. Which letter marks an individual?Read the answer and worked solution →Which fourth character of a PAN indicates a firm?Read the answer and worked solution →In a PAN, the fourth character H identifies which holder?Read the answer and worked solution →A PAN with the letter A as its fourth character is held by an assessee that is a(n)Read the answer and worked solution →Which fourth character of a PAN is allotted to Government bodies?Read the answer and worked solution →Which fourth character of a PAN is used for a local authority?Read the answer and worked solution →What is the tenth and last character of a PAN?Read the answer and worked solution →A valid PAN such as AAAPZ1234C follows which pattern?Read the answer and worked solution →Which body supervises the issue of PAN?Read the answer and worked solution →A foreign national applying for a PAN must file which form?Read the answer and worked solution →What penalty applies under section 272B for each default in complying with section 139A?Read the answer and worked solution →Is a PAN card accepted as proof of Indian citizenship?Read the answer and worked solution →What is the stated main purpose of the PAN?Read the answer and worked solution →What is the position on holding more than one PAN?Read the answer and worked solution →What does tax deduction at source require the payer to do?Read the answer and worked solution →Who is entitled to credit for tax deducted at source when income is assessed?Read the answer and worked solution →Section 194IA deals with TDS on transfer of which asset by a resident?Read the answer and worked solution →Under section 194IA, TDS on property consideration exceeding 50 lakh is deducted at what rate?Read the answer and worked solution →Tax under section 194IB is deposited through a challan-cum-statement in which form?Read the answer and worked solution →Under section 194IB, the deductor may quote which number instead of TAN?Read the answer and worked solution →Section 194C sets TDS on contractor payments at what rates?Read the answer and worked solution →Form 16A is a TDS certificate used for tax deducted onRead the answer and worked solution →Which part of Form 16 gives details of salary, deductions and tax payable?Read the answer and worked solution →A statement of TDS and TCS against a taxpayer's PAN is viewed through which form?Read the answer and worked solution →The Black Money Act, 2015 aims to tax which income?Read the answer and worked solution →What is the penalty on undisclosed foreign income and assets under the Black Money Act?Read the answer and worked solution →Under the Black Money Act, penalty for failing to file a return is how much?Read the answer and worked solution →Computing undisclosed foreign income under the Black Money Act, deductions areRead the answer and worked solution →Who can use the one-time disclosure opportunity under the Black Money Act?Read the answer and worked solution →A formal written decision on how law applies to a proposed transaction is calledRead the answer and worked solution →

Worked practice questions

The fourth character of a PAN shows the holder type. Which letter marks an individual?

  1. I
  2. C
  3. F
  4. P
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Correct answer: D. P

The letter P in the fourth position stands for a person, meaning an individual.

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Which fourth character of a PAN indicates a firm?

  1. M
  2. P
  3. F
  4. B
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Correct answer: C. F

A firm is identified by the letter F in the fourth position of its PAN.

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In a PAN, the fourth character H identifies which holder?

  1. Higher education body
  2. Hindu Undivided Family
  3. Holding company group
  4. Hospital management trust
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Correct answer: B. Hindu Undivided Family

H in the fourth place of a PAN is reserved for a Hindu Undivided Family.

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