The student received notices from both the Income Tax and GST departments concerning a company registered under his PAN card, purportedly conducting business activities in Mumbai and Delhi during the year 2021.
A startling incident has shaken 25-year-old college student Pramod Kumar Dandotiya from Gwalior, Madhya Pradesh, as he found himself facing a staggering income tax notice amounting to Rs 46 crores in transactions linked to his bank account. The unexpected turn of events unfolded when Dandotiya received notices from both the Income Tax and GST departments concerning a company registered under his PAN card, purportedly conducting business activities in Mumbai and Delhi during the year 2021.
Expressing his astonishment, the student stated, “I am a college student in Gwalior. Upon receiving notices from the Income Tax and GST departments, I learned about a company registered under my PAN card, apparently operating in Mumbai and Delhi in 2021. I am completely unaware of how my PAN card has been misused and the transactions carried out.”
Despite Dandotiya’s efforts to seek resolution by approaching the relevant authorities, he encountered challenges in formally lodging a complaint with the police. However, he persisted and on Friday visited the office of the Additional Superintendent of Police to file a formal complaint regarding the unauthorized transactions.
Additional Superintendent of Police (ASP) Shiyaz K M informed that, “Today, we have received an application from a young individual reporting transactions exceeding ₹46 crore from his bank account. We are currently verifying the documents related to this matter. It appears that the PAN card has been misused to register a company, leading to transactions of such a substantial amount.” The officer also mentioned that a thorough investigation into the entire situation is underway.
This concerning development has left Dandotiya and local authorities perplexed as they delve into the details of the unauthorized transactions associated with his PAN card. The incident underscores the importance of safeguarding personal identification documents and the potential risks of identity theft in today’s digital age.
To Access the CBDT Notification 37/2024 Dated 27 March 2024 CLICK HERE
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