Two PAN Cards Only But Fined Rs 60,000 and 7 Years Jail

Mitali , Last updated: 20 November 2025  
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Under Indian law, holding more than one PAN card is considered illegal and invalid. Earlier, the penalty under section 272B for possessing multiple PAN cards was up to Rs.10,000 per card. But currently, a court case has shown harsher consequences, including a penalty of Rs. 60,000 and imprisonment

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Mitali
(Finance Professional)
Category Income Tax   Report

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