The PAN helps the IT department link all transactions with a person. The PAN serves as a mechanism to document all transactions of a person. The IT department ensures through the PAN that everyone is paying their taxes.For apply new pan card required Proof of DOB and Address proof are three types of documents in order to make pan card.The PAN helps the IT department link all transactions with a person. The PAN serves as a mechanism to document all transactions of a person.
You may visit the website of the Income Tax of India Department for further details. To be on the safer side of the Income Tax laws in India it is ideal to have a PAN as the initial step.