https://www.auditorsandsecretaries.com/portfolio/auditor-in-selaiyur/

Permanent Account Number (PAN) was introduced by the Indian Income Tax Department in order to facilitate easy retrieval of information and matching information relating to an assesses investment, payment of taxes, raising of loans, assessment, tax demand, tax arrears etc.

The Permanent Account Number (PAN) is unique, national, and permanent. It is unaffected by a change of address, even between states in India.
As a universal identification key the PAN helps to monitor all financial transactions of high net worth individuals and thereby indirectly prevent tax evasion.

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