Kumari Palany & Co

ALERT! FOR PAN CARD HOLDERS! AN IMPORTANT WARNING NOTIFICATION!

Posted on: 20/Jan/2023 5:45:28 PM
An important notification has been released for the attention of ALL PAN CARD HOLDERS!

Over the last several years, PAN Card has been an important Identity for processing all finance-related avenues!

In the event of losing such an important PAN Card, it may lead to face large negative results!

Note that the Department of Income Tax inspects the individual or organization assessment and all the related transactions!

In this scenario, if PAN Card is lost, one has to pay a penalty of Rs. 10000/-!!

Further, if the individual or organization has 2 PAN Cards, this is also illegal and the penalty has to be paid!

As per the notification from the Department of Income Tax, you may cancel the PAN card and impose a penalty! Further, if there is an error in the PAN Card Number, the respective bank accounts may be blocked!  After this, the PAN card has to be sent to the Department of Income Tax!

NOTE THAT FOR THE PERSONS GIVING WRONG INFORMATION ABOUT PAN CARD, THE DEPARTMENT OF INCOME TAX MAY IMPOSE A PENALTY OF Rs. 10000/-!!