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PAN Card Fraud: Gwalior student gets Income Tax notice over Rs.46 crore Transaction


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A college student from Madhya Pradesh, Pramod Kumar Dandotiya, raised an alarm after discovering transactions amounting to Rs 46 crore from his bank account. He received a notice from the Income Tax and GST departments, which revealed that a company had been registered using his PAN card and was operational in Mumbai and Delhi since 2021. Dandotiya expressed shock and confusion about how his PAN card had been misused and how the transactions had been conducted.

The student, Pramod Kumar Dandotiya (25), is a resident of Gwalior and he came to know about the matter when he received a notice from the tax authorities that a company has been registered through his PAN card which is being operated in Mumbai and Delhi 2021.

Mr. Dandotiya said, “I am a college student in Gwalior. After the notice from Income Tax and GST [CBIC], I came to know that a company has registered through my PAN card which is being operated in Mumbai and Delhi 2021. I do not know how my PAN card has been misused and how the transactions have been done.”

Filing a Complaint with the Police

Upon receiving the notice, Dandotiya reached out to the concerned department and tried to file a complaint with the police multiple times, but no action was taken. Finally, he visited the office of the Additional Superintendent of Police and lodged his complaint there. The Additional Superintendent of Police confirmed that an application had been received from Dandotiya, stating that transactions amounting to more than Rs 46 crore had been made from his bank account. The police are currently verifying the documents and investigating the case.

Misuse of PAN Card and Precautions

The misuse of Dandotiya’s PAN card to register a company and carry out transactions worth such a significant amount is a serious matter. To prevent PAN card misuse, individuals are advised to take certain precautions. These include monitoring their credit score regularly through credit bureau websites, verifying any suspicious transactions with their bank, getting PAN card photocopies attested when submitting them, and avoiding sharing personal information on suspicious websites. Additionally, tracking Form 26AS for transactions linked to the PAN card can help detect any fraudulent activity.

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