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            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.

            <h1>Holding Multiple PANs Can Lead to Rs. 10,000 Penalty Under Section 272B of Income-tax Act, 1961. Surrender Extra PANs Now.</h1> A person is not permitted to hold more than one Permanent Account Number (PAN). If an individual is found with multiple PANs, a penalty of Rs. 10,000 may be imposed under Section 272B of the Income-tax Act, 1961. It is advised that anyone with more than one PAN should promptly surrender the additional PAN cards to avoid penalties.

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