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<h1>Mandatory PAN application and quoting rules for persons, businesses, filers, employers and notified classes; Aadhaar allowed where permitted</h1> Every person meeting specified thresholds or categories (income above exempt limit; businesses with turnover above prescribed amount; specified filers, employers, residents entering large financial transactions; certain office-bearers; or classes notified by government) must apply to the Assessing Officer for allotment of a permanent account number (PAN) within prescribed time. The Assessing Officer may also allot PANs to others; applicants may quote Aadhaar in lieu of PAN where permitted. PAN (or Aadhaar/GIR where applicable) must be quoted and authenticated in prescribed returns, documents and transactions; duplicate PANs are prohibited and rules may prescribe forms, transactions and verification procedures.