If by mistake you have applied two PAN or more PAN, you have to surrender all PAN Card except one. In other words you should retain only one PAN and surrender all extra PAN numbers that have been allotted to you. The IT Department has issued the notices to all who have multiple PAN Card (Press Release No. 402/92/2006-MC) (08 of 2007) Dt. 12.02.2007. Might be you missed the notice. It is an offense to .....
In order to support the PAN appliance, section 206AA has been placed w.e.f. April, 1, 2010. The main highlights of section 206AA are as below : Every person whose receipts are subject of deduction of tax at source (i.e. the deductee) shall furnish his PAN to the deductor. It will be compulsory from April 1, 2010. If such person does not furnish PAN to the deductor, the deductor will deduct tax at source at higher .....