College Student Receives Income Tax Notice For Rs 46 Crore Transaction: 'My PAN card has been misused'

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New Delhi: Pramod Kumar Dandotiya, a 25-year-old college student from Gwalior, Madhya Pradesh was shocked to find transactions worth rupees 46 crores in his bank account. The unexpected situation arose when Dandotiya received notice from both the Income Tax and GST departments regarding a company registered under his PAN card, supposedly engaged in business operations in Mumbai and Delhi during 2021.

The student said "I am a college student in Gwalior. After the notice from Income Tax and GST, I came to know that a company has registered through my PAN card which is being operated in Mumbai and Delhi 2021. I do not know how my PAN card has been misused and how the transactions have been done." ()

Despite Dandotiya’s efforts to seek resolution by reaching out to the appropriate authorities, he faced difficulties in lodging a formal complaint with the police. Nevertheless, on Friday he persisted and visited the office of the Additional Superintendent of Police to file a formal complaint regarding the unauthorized transactions. ()

Additional Superintendent of Police (ASP) Shiyaz K M informed ANI, "Today, an application has been received from a youth that transactions amount of more than ₹ 46 crore has been made from his bank account. The documents in this regard are being checked. The PAN card has been misused, a company has been registered through it and transactions of such a huge amount have been done." Further, the officer stated that the entire matter is under investigation.