New technology to detect fake PAN cards
Income Tax Department is all set to use latest technology to detect PAN cards. An electronics based latest technology are discovered in detecting PAN cards. This Technology is named as ITBA (Income Tax Business Application). Income Tax Department is said to be using this Technology. Still now the experience officers in the field are used to detect up the fake PAN cards.
An officer informed that the latest technology are used to detect up the fake PAN cards. The old PAN cards are detected by the officers.
Income Tax Department has ordered to investigate some of the organisations who have used 2 PAN cards to evade Income Tax payment. Its found that several frauds to have committed the usage of PAN cards in involving tax evasion and maloperations with black money.
Its already insisted by government that many individuals is said to use fake PAN cards to come forward to surrender the same concerned officers. Department of Income Tax has severely warned up the failure to fake PAN cards to lead these individuals with fake PAN cards. According to the latest statistics, 24.37 Crore persons are using PAN cards.