Pan card frauds

Vilma (Querist) 25 November 2017 This query is : Resolved
What punishment would be given for a person who has two PAN cards? The one with his original details have very less CIBIL score. So he had applied for another PAN card with wrong details about this father's name and DOB. He has also used the PAN card to avail credit cards from various banks. Kindly advise.

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Ms.Usha Kapoor (Expert) 25 November 2017
A person who possess a multiple PAN CARDs Hefty fines would be levied on such person and his credit rating will fall. For more important information on this issue please click the following link:
https://blog.ipleaders.in/legal-consequences-two-pan-cards/

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Guest (Expert) 25 November 2017
Your question is quite irrelevant. A question arises, are you competent to punish a person having two PAN Cards or making any type of fraud with respect to PAN Cards?