Now Get Ready To Pay Fine Rs 10,000 Rupees For Your PAN Card, To Know Read Details

 Now You Have To Pay Upto Rs 10,000 Rupees Fine For Your PAN Card, If  You Are Not Confess Before, To Know Details Go Through This Article

Now Get To Pay Fine Upto Rs 10,000 For Your PAN Card
Now Get Ready To Pay Fine Rs 10,000 For Your PAN Card

The Permanent Account Number (PAN) is one of the most important document for all kind of financial transactions and PAN card also consider as  a unique identity. This card is issued by Income Tax Department to all citizen of the country. The PAN card has an alphanumeric 10 digit number. This is very important for filling income tax returns. The income tax return process come under the Central Board Of Direct Taxes (CBDT).

Everyone should know the important of PAN card and Everyone Aadhaar number must be linked with PAN card for easy income tax return. Government of India and Banks in which you have your Account always warns you to link your PAN and Aadhaar to get seamless banking facilities. 

According to the Income Tax Department, PAN cards have to be given for all cash purchase of bank drafts, pay orders or bankers checks of Rs 50,000 or above in a day.

But if you have two or more than two PAN cards and you are caught during investigation, then you can be fined for Rs 10,000 rupees. Apart from this your bank accounts may be inoperative. So get ride from this problem you should submit your multi PAN card to the Income Tax Department immediately.

How to Submit your Multi PAN card to NSDL ?

The process of submitting your duplicate or multi number PAN card by access the form to submit the PAN card by visiting the website and clicking on the link " Request for New PAN Card or/and Change or Correction in PAN Data". Fill the form and return it to the any NSDL office any where all over the country.

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