  The current in response to a bias in certain two-dimensional electron gas (2DEG), can have a nonzero transverse component under a finite magnetic field applied in the plane where electrons are confined. This phenomenon known as planar Hall effect is accompanied by dependencies of both the longitudinal and the transverse components of the current on the angle $\phi$ between the bias direction and the magnetic field. In 2DEG with spin orbit coupling (SOC) such as oxide interfaces, this effect has been experimentally witnessed. Further, a fourfold oscillation in longitudinal resistance as a function of $\phi$ has also been observed. Motivated by these, we perform scattering theory calculations on a 2DEG with SOC in presence of an in-plane magnetic field connected to two dimensional leads on either sides to obtain longitudinal and transverse conductances. We find that the longitudinal conductance is $\pi$-periodic and the transverse conductance is $2\pi$-periodic in $\phi$. The magnitude of oscillation in transverse conductance with $\phi$ is enhanced in certain patches in $(\alpha,b)$-plane where $\alpha$ is the strength of SOC and $b$ is Zeeman energy due to magnetic field. The oscillation in transverse conductance with $\phi$ can be highly multi-fold for large values of $\alpha$ and $b$. The highly multi-fold oscillations of transverse conductance are due to Fabry-P\'erot type interference between the modes in the central region as backed by its length dependent features. Our study establishes that SOC in a material is sufficient to observe planar Hall effect without the need for anisotropic magnetic ordering or nontrivial topology of the bandstructure. 
Finite transverse conductance and anisotropic magnetoconductance under   an applied in-plane magnetic field in two-dimensional electron gases with   strong spin-orbit coupling