How to Know If your PAN Card Is Active Or Not
Government of India is taking strong steps towards eradicating fake Pan Cards in the country and now it is going to deactivate almost 11,44,211 PAN Cards by July 2018. It is an offense to carry more than one PAN number registered under his/her name.
Central Government has identified
several PAN cards registered under non-existing people who have given false information about themselves for PAN. Govt has released an official statement as ” The uniqueness of PAN is achieved by conducting a de-duplication check on all already existing allotted PAN against the data furnished by the new applicant. Under the existing system of PAN, only demographic data is captured”
Indian Citizen cannot hold more than one PAN. A penalty of Rs. 10,000 is liable to be imposed under section 272B of the Income-tax Act, 1961 for having more than one PAN. If a person has been allotted more than one PAN then he should immediately surrender the additional PAN card(s).
Government said it is important for everyone to check if their PAN CARD status is still active………Read More>>