Permanent Account Number in short PAN is provided and authorised by the Indian Income Tax Department under the tree of the Central Board for Direct Taxes (CBDT).
In India, it’s the most vital and prime proof of identification required in every sector, mainly in finance. It is a unique number comprising 10 characters that is allotted to every tax payer.
An individual can have only one PAN throughout his lifetime. If for any how or other reasons he/she has two duplicate PAN cards then a penalty of Rs. 10,000 is liable to be imposed under section 272B of the Income Tax Act.
He/ She can’t keep both PAN Cards, it’s your responsibility to immediately surrender the additional PAN cards to the authoritative department.
Then, how could you probably do that? I mean, how to surrender duplicate/additional pan cards? Or How to Cancel Duplicate PAN Cards?
Here in this guide, I will discuss the same...Keep reading!
A. Surrender Duplicate PAN Card
If you want to cancel extra pan card - here are the two alternative methods you can follow i.e. online and offline
1.1 PAN Card Surrender Online Process
- Visit the NSDLofficial website. There from the “Application Type”, select the “Changes/Correction in existing PAN Data/Reprint of PAN Card” option.
- Then a form will be displayed, in the form, providing details such as the DOB and the duplicate PAN number.
- Upload the required documents, submit the form, make the payment and take print out of the acknowledgment receipt.
- Submit the copy of the PAN card (need to be surrendered) along with the acknowledgment receipt and a covering letter to NSDL e-Gov.
1.2 PAN Card Surrender Offline Process
- Fill out the PAN card changes/Correction form. You can download from its official website.
- Submit the form at the newrest NSDL collection centre with the copies of the necessary documents that outline in the form.
- Post the acknowledgement slip to the NSDL office within the 15 days of filing the request.
- Also, post a covering letter to the AO listing the duplicate PAN details and requesting for cancellation of the same.
- In case you don’t want to submit by manual may you also postal to this address: NSDL e-Gov at ‘Income Tax PAN Services Unit, NSDL e-Governance Infrastructure Limited, 4th Floor, Mantri Sterling, Plot No. 341, Survey No. 997/8, Model Colony, Near Deep Bungalow Chowk, Pune – 411 016.
Thus, these are the procedures to surrender duplicate PAN cards of an individual. Let’s look at some other circumstances as well.
B. Surrender PAN Card of a Deceased Individual
How to surrender a PAN Card of a deceased person? The procedure to surrender a PAN Card in this case is very simple. Here’s the guide:
Upon the death of a PAN cardholder, his/her relatives need to write a letter to the Income Tax Officer of the respective jurisdiction pertaining the reason of surrender (i.e death of the cardholder) with proof (i.e. death certificate). Mentioned other details such as name, PAN card number, date of birth, etc.
C. Surrender PAN Card of a Firm/Partnership/Company
In the period when a firm or company decided to shut down or dissolve, in that case, you need to surrender the PAN Card, immediately to the authority.
Here’s the guide to do so!
3.1 Surrender PAN Card Online Process
- Visit the NSDL website and fill out the online PAN card changes/correction form.
- Enter the specific details that are required to be cancelled in item 11 of the form.
- Submit the form and take a print out of the acknowledgement receipt.
- Post the acknowledgement receipt, and copy of PAN card and a covering letter to NSDL e-Gov.
3.2 Surrender PAN Card Offline Process
- Draft a letter to the income tax officer concerned stating the reason for surrendering PAN Card.
- Submit other enclosures, PAN card and an acknowledgement of the return that is being filed for the period of discontinuation.
- Submit the letter and other documents to the Income Tax Officer (to the nearby) and retain the acknowledgement received in return.
Pan Card Surrender Letter Format PDF
Here is a glimpse of the PAN Card surrender letter format. This will guide you more precisely to move forward for your cancellation if required.
Need Help? Contact TaxWink
TaxWink CA assessed experts can help you in this process. They offer you a secure platform to request for a duplicate pan card surrender in an easy and fast way. Also, you can get CA guidance at every step. Contact TaxWink.
