PAN Card Fraud: PAN card is used by almost everyone in the country. PAN card is necessary for any financial transaction or bank functioning. Everyone is issued a PAN number only once in his life, after which he has to give this number everywhere throughout his life. PAN card itself shows how many bank accounts you have or how many financial transactions you do. This is the reason why frauds also increase due to this. You should be very careful while using PAN card, because anyone can misuse it. Today we are telling you how PAN card can be misused and how you can detect it.
PAN card fraud
If someone gets hold of your PAN card and Aadhar card, then he can also take a loan in your name. Nowadays, many types of apps give loans easily, you will not even know that the loan has been taken in your name. . You will come to know about this when the bank or finance firm comes to recover the loan from you. Many such fraud cases have come to light in the last few years.
Apart from this, someone can also use your PAN card to save their tax, income of several lakhs of rupees can be shown by making a rent agreement in your name. Landlord’s PAN is applied anywhere the rent is more than Rs 1 lakh. After which that much money (rent) is added to the income of the landlord through this PAN.
How to detect PAN card fraud?
Now if you want to find out whether anyone has committed any fraud with your PAN card, then for this you can check your credit score. You can also download Form-26AS. This will let you know whether your PAN has been tampered with or fraudulent. If someone is committing fraud then immediately inform it to the Income Tax Department. Also go to the police and complain about it.
Now, if someone asks you for a PAN card, then do not make the mistake of giving your PAN card to him without any reason. If a copy of it is being pasted somewhere, then sign it and write the reason for it. With this, no one will be able to misuse your PAN card.
