Mentioning wrong or false PAN in the case of submitting Income Tax or transaction of a lump-sum amount is a punishable offence. The Act previously mentioned will be applied in this litigation.
in Society
PAN Card Related Information You Should Keep in Mind to Escape Penalty!
PAN Card is as essential for income-tax as for any transaction of a huge amount.. if you provide the wrong PAN you have to risk a fine of up to ₹10,000.
