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          Income Tax

          Can a person hold more than one PAN?

          FAQs on Permanent Account Number

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          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.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  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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