Hey there, folks! Here’s some juicy news for you straight from Pune. Can you believe it? Nearly 300 companies have been caught red-handed for tax evasion using the PAN card number of a former Additional Chief Secretary of Maharashtra’s son. Talk about a scandal!
So, get this – a 74-year-old woman filed a complaint at Kothrud Police Station, alleging that employees of various companies, chartered accountants, and even an email user misused her son’s PAN card number. The twist? Her son actually lives and works in the Netherlands and has had no taxable income in India since 2011 when he got the PAN card. Sneaky, right?
It wasn’t until 2019 when the PAN card was linked with the Aadhaar card that the jig was up. Turns out, Tax Deduction and Collection Account Number (TAN) holders had been using it for Tax Deducted at Source (TDS) deductions through an unknown person for years. When the son confirmed he hadn’t authorized anyone to use his PAN card number, the Income Tax Department got involved.
Turns out, these companies didn’t bother checking the legitimacy of the PAN card before using it for tax deductions on house rent. According to the complaint, 117 companies did it in 2020-2021, 104 in 2021-2022, and 80 in 2022-2023. That’s a whole lot of tax evasion amounting to crores, folks!
Now, Police Inspector (Crime) Kadam is on the case, investigating the whole shebang. Stay tuned for more updates on this wild story. And remember, folks, always double-check your PAN card details before using it for tax deductions!
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