PAN Card Misuse: Madhya Pradesh Student Receives ₹46 Crore Tax Notice

PAN Card Misuse: The police in Madhya Pradesh's Gwalior district received a complaint on Friday from a college student after his bank account was emptied of Rs 46 crores.

Gwalior resident Pramod Kumar Dandotiya (around 25 years old) found out about the case when he received a notice from the Income Tax and GST that a company was registered using his PAN card in Mumbai and Delhi.

Mr Dandotiya said, "I am a college student in Gwalior. After the notice from Income Tax and GST, 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."

He called the Income Tax department as soon as he got the information. In the past, he tried to complain to the police, but they didn't do anything. On Friday, he lodged his complaint again at the Additional Superintendent's Office.

Shiyaz K M, Additional Superintendent of Police (ASP), says a youth has applied for permission to have transactions amounting to 46 crores made from his bank account. We're looking at the documents. A company was registered through the PAN card, and such huge transactions were carried out.

The officer says the whole thing is under investigation.

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