PAN Card: Has your PAN card expired? Check its validity like this..

PAN Card Expiry Date: A PAN Card is one of the essential documents in today's time. A PAN card is required for many financial needs like filing income tax returns, opening a bank account, and KYC. It is also considered a legal ID card. Aadhar card is tracked with a PAN card to track your financial history information. But does this question come to your mind does a PAN card also expire? Let us tell you about it.

What to do if you have more than one PAN card?

Have you ever looked at the validity of your PAN card? You must know about it. PAN card is issued by National Securities Depository Limited. Let us tell you, the validity of a PAN card never ends until a person dies. A PAN card is canceled only after the death of any person. A PAN card is closed based on the death certificate. Therefore it remains valid throughout life. It is of ten numbers. In which there is information about the person. No person can keep more than one PAN card with him. If someone has more than one PAN card, then a fine can be imposed on him.

How much is the fine

According to section 272B under the Income Tax Act 1961, if any person keeps more than one PAN card, then a fine of ten thousand rupees can be imposed against him. If a person accidentally gets more than one PAN card, then in such a case he has to surrender one PAN card. You can surrender it online or offline as well.

You can make a PAN card sitting at home.

If you want, you can get a PAN card sitting at home. For this, first of all, you have to go to the e-filing portal. After this you have to go to Instant PAN through Aadhaar. Now you have to click on the option of Get New PAN. After this you have to enter your Aadhaar number. When you enter the Aadhaar number, after that you will get OTP on your registered mobile number. After verification of OTP, your e-PAN card will be issued. If you want, you can also get a physical card made through this e-PAN.

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