18 August 2011
Sir, one of my client is a regular assessee since 2005. Till now, he has paid tax by mentioning his PAN. Now, for the year 2010-11, when he approached the bank for payment of tax, it is noted that his name does not appear for the PAN quoted in the Challan. Some other name is displayed. On taking the matter to the ITO, he advised to apply for a fresh PAN. It may be noted that the assessee is a director in a pvt ltd coy and his digital signature and din is linked with the present PAN,
19 August 2011
PAN as the name suggests is Permanent Account Number and that does'nt change, what appears that there is some other technical fault, must log the grievance with the Department to get the complaint resolved, provided there is not Duplicate PAN available to the assessee, if so one PAN needs to be surrendered because being unlawful unless proved the contrary due to inadvertant error.
CAclubindia
