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Can a person hold more than one PAN under new series?

April 26, 2017hold pan person SERIES

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Can a person hold more than one PAN under new series?

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NO. A person can have only one PAN under the new series. If you have already been allotted a PAN under the new series, you cannot or shall not again apply for or obtain or possess another PAN. Failure in this regard shall result in imposition of penalty which shall not be less than Rs. 500/- but which may extend to Rs. 10000/- for each such failure or default.