PAN stands for Permanent Account Number (PAN). A PAN (Permanent Account Number) card is a unique identification number assigned to individuals, organisations, and entities in India. It is a ten-digit alphanumeric code issued by the Income Tax Department of India. There are certain rules to issue a PAN card. If you have the query can I have 2 PAN cards, do learn that you cannot.
It is illegal to have two or more PAN cards. Here are some more details about it-
What happens if you have two PAN cards?
People pose the query- I have 2 pan cards what to do a lot, Let me tell you that a person having two or more PAN cards can face a penalty of Rs 10,000 and may even be sent to jail. Under no circumstances will two or more PAN cards be allowed.
How to surrender second PAN card?
If you have two more PAN cards, surrender them to avoid a penalty or go to jail. Here are the steps to surrender it-
Visit the
IT department’s website
Click on Request for new PAN card/change or Correction PAN data
Download the form
Fill in the form with your name, address or other details
Submit the form at any National Securities Depository Limited office
If a person submits his/her extra PAN cards, they will not be prosecuted.
These details should be enough to help you understand can I have 2 PAN cards or not and also how can you surrender the extra ones.
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Can I have 2 PAN Cards?
Kritika
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2023-07-10T09:02:22+00:00 2023-07-10T09:51:57+00:00Comment
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