Misuse of PAN - Rival group has been using the same Permanent ...

Case Laws Income Tax

December 3, 2019

Misuse of PAN - Rival group has been using the same Permanent Account Number (PAN) - Under the Income Tax Act, 1961 only one Permanent Account Number is issued to an entity and only one return can be filed. The factual aspect with regard to which group has been issued the original PAN has to be ascertained by the Income Tax authorities. Furthermore, the Income Tax authorities may reject the returns that have been filed by the group that is not authorised to do so.

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Misuse of PAN - Rival group has been using the same Permanent ...

Case Laws Income Tax

December 3, 2019

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