Can we share PAN card number with anyone?

Can we share PAN card number with anyone?

Dont share your pan card details with others. It can be misused in many ways. Some of the ways of misuse are provided below. If someone is going to quote your PAN for TDS, TCS or for some other transaction, it will be recorded in your Form 26AS at later.

Is it safe to send PAN card details?

The Income Tax Department has also issued warnings to all PAN cardholders in the country to be careful while sharing their PAN details. If you share your PAN details casually, you make yourself vulnerable to identity theft. Invariably, PAN is linked to other documents such as Aadhaar card, passport, and bank accounts.

How can I know my PAN card is misused?

When your PAN card is illegally used, you may not even be aware of this for atleast 6 months after the wrong transaction. You can check for such benami transactions by going through your Form 26AS, which is a consolidated statement of tax deducted, along with other details.

How can I stop my PAN card misuse?

Here are a few ways you can prevent fraud.

1. Use your PAN card only where compulsory.
2. Don’t fill details of birthdate or full names publicly or on insecure online portals.
3. Secure the original and photocopies of your PAN card.
4. De-link your Aadhar card from your bank accounts because it is no longer mandatory.

What information can be obtained from PAN card?

Last character, i.e., the tenth character is an alphabetic check digit. PAN enables the department to identify/ link all transactions of the PAN holder with the department. These transactions include tax payments, TDS/TCS credits, returns of income, specified transactions, correspondence etc, and so on.

Can anyone misuse my GST number?

If any person finds that his/her PAN (Permanent Account Number) has been misused, he/she can register a complaint on the GST portal and report the GSTIN which is fraudulently obtained using the PAN. Any person whose PAN has been misused can lodge such complain.

Can anyone misuse my PAN card Quora?

Yes PAN card can be misused. There are people out their who can use photocopy of your PAN card in various transactions, so you should be very careful before giving your PAN number.

Is PAN Card number confidential?

NEW DELHI : The Income Tax department is warning all holders of Permanent Account Number to not share their ten-digit alphanumeric PAN publicly on social media. The tax department says sharing of such personal data can lead to its misuse.

Is PAN being valid address proof?

For proof of Address Income Tax PAN card Income Tax Assessment Order Photo Credit Card Credit card statement (not older than last three months) Smart card issued by CSD, Defense/Paramilitary Telephone Bill of fixed line (not older than last three months).

Can GST number be shared?

There is no prohibition under GST law for obtaining GST registration to a shared office space or virtual office, if the land lord permits such sub leasing as per the agreement. Each “co-working space” is demarcated with different suit number or desk number.

How can I check my PAN number through GST?

Guide to Search GST Number / GSTIN by PAN

1. Step 1– Visit GST portal.
2. Step 2– Click on “Search Taxpayer” tab.
3. Step 3– Select “Search by PAN” option.
4. Step 4- Enter the PAN number of the dealer and captcha code reflecting on the screen.
5. Step 5- Click on “Search”.

Is it OK to share Aadhaar number?

NEW DELHI: Sharing your Aadhaar card number with anyone and everyone is never a safe thing to do. Even if in case you want to share Aadhaar card as an ID proof, you always have the option to not disclose your Aadhaar card number by using a ‘Masked Aadhaar’ or a 16-digit Virtual ID (VID).

How to know if someone is misusing your PAN card?

See how someone is misusing your PAN smartly! If someone is able to get your xerox copy of the PAN, then also it may be misused to obtain a loan or credit card or something else in your name. So be careful when you are signing a xerox copy of the form.

Why should you get a copy of your PAN card?

Safeguarding the physical copy of the PAN card no longer assures that your number is not being misused. Misusing your PAN card details for high-ticket purchases or benami property transactions is something that occurs quite frequently. A copy of your PAN card or its number can be quoted in transactions which you may not even be aware of.

Should you be worried about identity theft with your PAN card?

With the number of places where we leave our PAN numbers without thinking twice, identity theft is a real cause for concern. Safeguarding the physical copy of the PAN card no longer assures that your number is not being misused.

How can my PAN card be misused in IRCTC?

Here are some ways in which your PAN can be misused. For example while booking Tatkal ticket, you may quote your PAN card number if you are booking via online by IRCTC website. Otherwise you may attach a xerox copy of your PAN and submit along with the reservation form at counter.