Is it double pan card

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32 Points Posted on 14 March 2020
when my daughter got married she had a pan card.
My son in law applied for another followed by his name.
I then send him my income
to be clubbed there
He did it.
Now It dept says old card would be flagged off dose it amounts to double card
and invites penalties
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On 14 March 2020 at 18:19 Report
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Quick Summary
This discussion clarifies that possessing more than one PAN card is an offence under the Income Tax Act, potentially leading to a £10,000 penalty. If a duplicate PAN card has been issued, the correct procedure is to surrender the new card to the Assessing Officer (AO) for cancellation, rather than applying for a new one. The AO will verify records and cancel the duplicate card. It's important to rectify any errors on the existing PAN card instead of obtaining a new one.

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CFO- at NHTF
58280 Points Posted on 14 March 2020
Yes.Holding more than one PAN card is an offence under Income Tax Act and liable to 10000/- penalty.

She may Apply for deactivation of duplicate PAN Card
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On 14 March 2020 at 18:57
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"Do the Right Thing...!!!"
128162 Points Posted on 14 March 2020
Yes... I agreed to Mr Eswar.,

Penalty imposed if Assessee have more than one PAN.
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On 14 March 2020 at 20:01
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17269 Points Posted on 15 March 2020
Is it duplicate card ? I don't think so. His son in law applied and got new regular PAN card.

Since both PAN cards belong to one individual, let new PAN card be surrendered to AO (give details in surrender request letter )

The AO then will carry out verification of records m mmand proceed to cancel PAN card.

Holding two PAN cards will invite penalty of Rs 10000/- .

The correct procedure is to apply for changes in old pan card and not a new PAN card.
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On 15 March 2020 at 01:29

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