Same person holding two pans
This query is : Resolved
06 March 2014
What will be consequences if a person holds two PANs intetionally or unintentionally? What does law says in such situation?
Nikhil Kaushik
(Expert)
07 March 2014
penalty under 272(b) - Rs 10000 can be levied. you can surrender the additional PAN voluntarily to avoid penalty
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