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Monday, March 21, 2016

New tool for I-T dept to identify, kill duplicate PAN

After years of labour, the income tax department has finally got a new technology tool to check the menace of duplicate PAN cards which also allows the taxman to 'kill' the second one.

An ambitious electronic smart platform called the income tax business application-permanent account number (ITBA-PAN) has been operationalised by the department which will help the taxman and PAN issuing intermediaries identify such duplicate numbers every time a new application for generation of the fresh IT department-issued unique identity reaches their portals.

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