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What this article will cover
A full webnotes article on the PAN card will cover the Permanent Account Number issued by the Income Tax Department under Section 139A of the Income Tax Act 1961, its role as the mandatory identifier for securities-market transactions, demat accounts and IPO applications, and the one-application-per-PAN deduplication used in IPO allotment, with internal links to neighbouring topics on webnotes.in and a references section pointing to primary sources.
Allotted IPO shares often show average cost N/A on Kite until they list. This explains the demat-credit and listing timing behind it, when …
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