Multiple PANs prohibited: holding more than one PAN attracts penalty and requires surrender of additional PANs. A person is prohibited from holding more than one Permanent Account Number; after allotment an individual cannot apply for another PAN. A penalty is ... Summary
Multiple PANs prohibited: holding more than one PAN attracts penalty and requires surrender of additional PANs.
A person is prohibited from holding more than one Permanent Account Number; after allotment an individual cannot apply for another PAN. A penalty is prescribed for possession of multiple PANs, and where more than one PAN has been allotted the additional PAN card(s) must be surrendered immediately.
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