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Pan card invalidity

CA J.Alamelu lakshmi (Chartered Accountant) (852 Points)

29 July 2013

If a person is receipt of any income and hence not filing his returns for 3 years , will his PAN get invalid?

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2 Replies

CA Suri Kota (Assistant Manager @ EY) (955 Points)
Replied 29 July 2013

No. Non filing of return has no reference to PAN.

Suri.

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Yogesh Shah (Managing Corporate Finance) (1051 Points)
Replied 29 July 2013

Hi,

Validity of PAN has nothing to do with filing of ITR. Even if person has PAN but not having taxable income, and thus he is not filing ITR - its OK. He is not violating anything.

As per your question, person has ANY income, and he is not filing ITR. Its not clear whether that ANY income is more than threshold limit or not. However, even if he has taxable income and still he is not filing Return, he may get a notice from I T Dept along with penalty. But, in no way, his PAN will be invalid. It shall be valid.