when my daughter got married she had a pan card.
My son in law applied for another followed by his name.
I then send him my income
to be clubbed there
He did it.
Now It dept says old card would be flagged off dose it amounts to double card
and invites penalties
Yes.Holding more than one PAN card is an offence under Income Tax Act and liable to 10000/- penalty.
She may Apply for deactivation of duplicate PAN Card
CAclubindia
