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PAN Card Users Alert! THIS mistake can make you pay a fine of Rs 10,000

PAN Card Users Alert! THIS mistake can make you pay a fine of Rs 10,000

Zee News
Monday, December 27, 2021 02:36:05 PM UTC

Fill in the ten-digit PAN number printed on the PAN card carefully wherever you are inputting the PAN number.

New Delhi: The PAN card is a required document. No financial transaction may be completed without this card. Every financial transaction and the opening of a bank account necessitate it. You can't do any financial activity without it, from the bank to the office. The linking of a PAN card to an Aadhaar number is now required everywhere. Let us remind you that a mistake involving your PAN card can result in a fine of Rs 10,000.

Fill in the ten-digit PAN number printed on the PAN card carefully wherever you are inputting the PAN number. In this case, even a little misspelling or numerical error can result in a severe punishment.

Furthermore, even if you have two PAN cards, you may be subject to a large fine. Your bank account may be frozen as a result of this. As a result, if you have two PAN cards, your second PAN card must be submitted to the department right away. Section 272B of the Income Tax Act of 1961 also contains a provision for this.

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