Wrong PAN Card issued by the department

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a person who is the original and first allottee of a PAN Card issued by the Income Tax Department and who has been regularly filing Income Tax Returns, can be held responsible for loan liabilities reflected in his TransUnion CIBIL report, when those loans were actually taken by another person to whom the same PAN number was mistakenly issued by the Income Tax Department due to a technical or clerical error, and where the department has later acknowledged the error and issued a new PAN number to the second person?

may kindly tell 

what legal remedy is available to the genuine PAN holder to remove such loan entries from his CIBIL record and protect his credit history?

 
 
Replies (1)

You hold zero legal liability for loans taken by another person due to a duplicated PAN card, as you did not sign the contracts or receive the funds. To clean your CIBIL record, you must use the Income Tax Department's official acknowledgment of the error as evidence to file formal ownership disputes with the credit bureaus and the specific lenders. If they fail to resolve the issue within 30 days, your legal remedies include escalating the matter to the RBI Ombudsman or pursuing a consumer court case for damages.


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