Pan card need to link aadhar.

Few PAN holders who have not linked their PAN with their Aadhaar are exploring the option to pay Rs 118/- and get a new PAN or go for E PAN Aadhaar based for free rather than paying 1,000/- as a penalty

Seems they are not aware of a penalty of ₹10,000 and may also be sent to jail for possessing two or more PAN cards

Please do not make additional PAN if you are already holding one, you will be liable to pay the additional penalty and may land up in Jail

Thanks for your update sir, but 10000 penalty for two pan, but one pan in deactivated by government only, so that apply for new pan card.

we not going against to government rules and regulations.
but government not clear on is applicable right.

Pls post actual sections for penalty.

As per provisions of Section 272B of the Income Tax Act, 1961, a penalty of Rs 10,000 can be levied on possession of more than one PAN.

 

 

 

That sounds better.