My PAN card misused: MP student gets Rs 46 crore whopping tax notice

A bizarre incident has come to light from Madhya Pradesh’s Gwalior where a college student, has filed a complaint with the police after transactions of Rs 46 crores occurred from his bank account.

The youth has been identified as Pramod Kumar Dandotiya, who is a resident of Gwalior. He came to know about the matter when he received a notice from the Income tax and GST that a company has been registered through his PAN card which is being operated in Mumbai and Delhi 2021.

Dandotiya received a tax notice from the income tax department claiming that Rs 46 crore transactions had occurred and taxes were due. In his complaint, he mentioned, being a student, obviously has no connection to such a large sum of money. He realized his PAN card must have been misused and reported the incident to the police but no action was taken. On Friday, he reached to the office of the Addition Superintendent of Police and complained. 

Additional Superintendent of Police (ASP) Shiyaz K M while speaking to ANI said, “The documents in this regard have been checked. The PAN card has been misused, a company has been registered through it and transactions of such a huge amount have been done.”

The matter is now being investigated.

This case highlights the importance of protecting your PAN card information. Avoid getting into similar situation by following these:

• Never share your PAN details with anyone you don't trust completely.
• Be cautious about websites and individuals asking for PAN information.
• Report any suspicious activity involving your PAN card immediately.