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.
Rs 10,000 fine for possession of more than one PAN
Posted :
on 06 June 2019
- GST Composition CMP-08 return date extended to 31st July
- CPT June'19 results declared
- Pass Percentage of CPT exam held on June 16, 2019
- DGGST arrests a person for fraudulently claiming ITC of over 5.06 crores
- CBDT clarifies no major changes have been introduced in the ITR-2 and ITR-3
- Impact of GST on Apparel Sector
- Model Tenancy Act to regulate renting of Premises announced in Budget
- Download Pre-filled XML available for ITR 1, 2, 3 and 4
- CPT results of June 2019 to be declared on 18th July
- Cabinet approves the Banning of Unregulated Deposit Schemes Bill, 2019
