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New Delhi, New Delhi, India
Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense...

Thursday, July 26, 2012

Face Penalty up to Rs.10,000/- for possessing Two PAN

An individual in possession with TWO PAN ! Face the consequences:

Obtaining/possessing more than one PAN is against the law and may attract a penalty upto Rs.10,000. 

Therefore it is advisable not to obtain/possess more than one PAN. If you have more than one PAN, you should surrender the unused PAN by logging into ITD website at 

www.incometaxindia.gov.in.

Follow the link : https://www.tin-nsdl.com/pan/faq-pan-general.php


Thank you !

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