According to Section 272B of the Income Tax Act 1961, the Income Tax Department can charge you ₹10,000 as a penalty of the same. So, you are suggested to better be careful while providing the PAN.
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PAN Card Related Information You Should Keep in Mind to Escape Penalty!
PAN Card is as essential for income-tax as for any transaction of a huge amount.. if you provide the wrong PAN you have to risk a fine of up to ₹10,000.
