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OF 2 PAN CARDS 1 INDIAN & NRI Property purchase on Indian PAN return not filed notice recd.

Efiling 129 views 3 replies

bujjulu

e-TDS + IT return filer Hyderabad

731 Points Joined February 2013

an assessee has two PAN cards.

one Indian and the other NRI

on Indian card purchased property for 35 lacs. durin 2018-19

recd. notice for not filing return for the 2018-19

advise

( my doubt - ? about the assessees NRI card )

without disclosing the fact that NRI has NRI pan card. shall i file the return against pan card - indian against which no. the notice is recd.

Replies (3)

Sagar Patel

Tax and Business Consultant

11616 Points Joined July 2015

What you mean by " NRI PAN Card" ?
Can you explain...

Every person should possess only one PAN number. It's illegal for a person or company to have more than one PAN Number. If caught, Income Tax Department can take a legal action or put financial penalty.