PAN Card: THIS small error can cost you a fine of up to Rs 10,000

Pan Card Warning: People with several pans should deliver the extra or reiterated pan immediately.

Pan Card Rules: The Pan card has become an important document in our lives in modern days. Everywhere, a pan card is required to open a bank account, send an income tax return, buy real estate or complete an important process. If you make a mistake or abuse, it may have a direct effect in your pocket in such a scenario.

Double card, double identity

The Income Tax Department has recently stated that one person may face up to 10,000 fines when he was discovered that they had two pan cards or abused. Although it seems insignificant, this error can endanger you seriously. As a result, it is very important that you pay attention to extra attention when using the Pan card. Having a deliberate or accidental two pan cards is a clear violation of law.

Two pan cards: error is a crime

A common question, “What is the problem if two pan cards are made accidentally?” But the government sees it as a serious crime. The simple reason for this is that a single PAN number is associated with your entire financial history. If you have two pans, your right income and tax information cannot be used for the government. You can be caught immediately by the Income Tax Department and if you have two Pan card cards or if you have entered the wrong PAN number in the form, you can finish 10,000 la.

It is not difficult to avoid the fine. Just consider the 5 important things mentioned below:

• If there are two, cancel one of your pan cards immediately.
• When you file an ittr file, make sure you always check the pan number twice.
• Connect your Aadhaar and Pan on time.
• Don’t give the ceiling to anyone else
• Use only for your own financial affairs.

If you think it may be a problem, check your Pan card now. To do this, follow these instructions below:

• Visit the official website of the Income Tax Department Incometax.gov.in.
• After logging in, check the pan information.
• If there is any error or if two Pan cards appear, make a complaint immediately.
• You can update or change your ceiling by going to NSDL or UTIITSL websites.

In order to avoid penalties, individuals with several pans should deliver the additional or repeated pan immediately. It is easy to deliver a repeated pan, and individuals can choose to do it online or manually.

Online process: Those who want to deliver their Pan online can go to the official website of the Income Tax Department by entering some basic information such as name, contact number, date of birth, name of the father and address. They can then choose which pan they want to store and write this number in the retain column. If they want to deliver other pans, they can do it by talking about the details of these pans. After sending their information, they will receive a approval number that can be used as documents that they deliver the additional pan.

Manual procedure: In order to deliver their Pan manually, individuals should fill out the Pan change request application form, specify which pan they want to store, and contain information about all other pans they want to give up in the column 11. A copy of the pans must be sent with a form to cancel them, and the form may be sent to the evaluation officer of the judicial authority in which he resides.

The government made Pan and Aadhaar compulsory. If these steps are not taken, the pan will be announced as “invalid”. Many people provide false documents to obtain a pan. If this is discovered, there may be a fine and a case.