Grocery Store Owner in PAN Fraud Case: Companies Linked Illegally

Bulandshahr (UP), Sep 1 (PTI) - A grocery store owner from Bulandshahr has alleged fraudulent use of his PAN card to establish six companies in Delhi, following a staggering tax notice over sales amounting to Rs 141 crore. Sudhir, residing in Khurja's Nayaganj locality, reported that he operates a modest grocery shop from his home. Upon receiving his first tax notice in 2022, he clarified to authorities that he had no affiliations with the companies in question.

On July 10 this year, he was startled to receive another notice claiming reported sales of Rs 1,41,38,47,126, indicating the illegal use of his PAN to register multiple firms in Delhi.

Pankaj Rai, the Khurja Police Station In-charge, confirmed that a case has been registered and investigations are ongoing. Officials explain that PAN (Permanent Account Number) card fraud involves the illegal utilization of one's PAN details to open bank accounts, create shell companies, secure loans, or evade taxes.

Victims usually learn of the fraud only upon receiving unexpected tax notices or recovery calls. Experts recommend regularly checking credit reports and linking PAN with Aadhaar as preventive measures against such risks.