01 April 0224 – A 25-year-old college student from Gwalior, Madhya Pradesh, named Pramod Kumar Dandotiya, was astounded to discover transactions totalling rupees 46 crores in his bank account. The unanticipated circumstance emerged when Dandotiya was notified by the Income Tax and GST offices about a firm that was formed using his PAN card and purportedly conducted business in Delhi and Mumbai in 2021.
“I am a college student in Gwalior,” the student said. I discovered that a firm operating in Mumbai and Delhi in 2021 registered using my PAN card after receiving a letter from Income Tax and GST. I’m not sure how the transactions were completed or how my PAN card was utilized improperly.”
Still, he persevered on Friday and went to the Additional Superintendent of Police’s office to lodge an official report about the unapproved transactions. “An application has been received from a youth that transactions amounting to more than ₹ 46 crore have been made from his bank account,” Additional Superintendent of Police (ASP) Shiyaz K M told ANI.
Conclusion
In this context, the papers are being examined. The PAN card has been used fraudulently to form a firm and to conduct very large-scale transactions.” The officer went on to say that the whole situation is being looked into.
