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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

Follow the link :

Thank you !

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