Understanding the Rs 10,000 Penalty for Multiple PAN Cards and Incorrect PAN/Aadhaar Information
28 Nov 2024
The Indian government has intensified efforts to streamline financial systems and curb fraudulent activities by implementing stringent penalties for violations of the Permanent Account Number (PAN) and Aadhaar. A key measure is the imposition of a Rs 10,000 penalty for specific offences under the Income Tax Act, of 1961. Legal...
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