Karan Kumar Valmiki, who works as a sweeper at State Bank of India (SBI) in Aligarh, was shocked when he received a notice from the Income Tax Department. The notice claimed that transactions worth ₹33.88 crore (₹33.88 crores) were made using his PAN card during the financial year 2019-20.
Karan’s Salary and Family Situation
Karan only earns ₹14,200 per month, which is a very modest salary. He and his family have never seen or dealt with such a huge amount of money. Naturally, they were shocked and worried when they received the notice.
His father, Surajpal Singh, was also a bank worker and retired as a Class IV employee in January 2024. Karan’s elder brother, Lokesh Kumar, is also a sweeper at SBI’s Chandaus branch. Their family lives a simple life and does not own any big properties or businesses.
What Happened?
The Income Tax Department regularly checks financial records for unusual transactions. While investigating, they found ₹33.88 crore had been moved through bank accounts linked to Karan’s PAN card. This was a huge red flag because his salary and financial status do not match such big transactions.
Because of this, the department issued a notice on March 29, 2025, asking Karan to explain where this money came from. He has been given time until March 31 to submit his response.
Karan Denies Any Connection to the Money
Karan firmly denies having any connection to these transactions. He believes that someone misused his PAN card to carry out these activities.
He recalled that he had shared his PAN card details in three places:
- While working at a cement company in Delhi
- At an RCM company
- While opening a bank account
Karan now suspects that his PAN card details were misused by someone at one of these places.
Police Complaint and Investigation
To prove his innocence, Karan has filed a complaint at Chandaus police station. He has requested the police to investigate how his PAN card was used for such large transactions.
Other Similar Cases of PAN Misuse
This is not the first time such an incident has happened. In the past, the Income Tax Department sent notices to:
- Mohammad Raees, a juice seller, for ₹7.79 crore transactions
- Yogesh Sharma, a locksmith, for ₹11.85 crore transactions
Both of them also claimed that their PAN cards were misused.
What will happen now?
Now, the Income Tax Department and the police will investigate the case. They will try to find out:
- Who used Karan’s PAN card?
- Where did this money actually go?
- Was it a bank error or fraud?
Until then, Karan and his family are under a lot of stress. They hope the authorities will quickly find out the truth and clear his name.
