The Permanent Account Number (PAN) card is an essential document for every taxpayer in India. It serves as proof of identity, and it’s pivotal in financial and tax-related matters. While each individual can possess only one PAN, there are occasions when one might end up with a duplicate card or need to surrender it due to various reasons. In this article, we will walk you through the steps on how to surrender PAN card, both online and offline.
How To Surrender a Duplicate PAN Card – Online?
Step 1: Initiate the Process
Start by visiting the official NSDL website. Navigate to the ‘PAN Change Request Online Form’ page.
Step 2: Select Application Type
Now from the dropdown list, select“Changes or Correction in existing PAN Data/Reprint of PAN Card (No changes in existing PAN Data)”
Step 3: Complete the Form
Ensure you fill in all necessary details. Upon completion, submit the form. Post submission, a unique token number will be dispatched to your registered email. This number will prove essential for future interactions.
Step 4: Choose Your Submission Method
You can opt to submit your PAN application documents in various ways:
- Via Aadhaar-based e-KYC/e-Sign (paperless)
- Through a Digital Signature Certificate
- Send documents physically.
Step 5: Enter Extra PAN Details
Clearly mention the additional PAN numbers that you wish to surrender. Ensure you check the box alongside to confirm.
Step 6: Submit Proof
Depending on the chosen submission method, attach scanned images of your proof of identity, residence, and date of birth.
Step 7: Verify & Pay
After a thorough review, proceed to the payment section. You can clear the payment through various methods like credit card, debit card, or internet banking.
Step 8: Acknowledgment
Post payment, an acknowledgement will be visible. Ensure you save and print this for future reference.
Step 9: Finish the Process
The acknowledgement, accompanied by the demand draft (if utilised) and document proof, must reach NSDL e-Gov within 15 days from the online application’s date.
How To Surrender a Duplicate PAN Card – Offline?
Step 1: Form Acquisition
Obtain the “Request For New PAN Card Or/And Changes Or Correction in PAN Data” form from any NSDL collection centre.
Step 2: Complete the Form
Ensure you meticulously fill out the form. Attach copies of the required documents.
Step 3: Submission
Hand over the filled-out form at any NSDL collection centre. Post submission, you’ll receive an acknowledgement slip. Ensure this reaches the NSDL office within 15 days of request filing.
Step 4: Letter to Assessing Officer
Write a detailed letter to the Assessing Officer, mentioning the duplicate PAN and your wish to cancel it. The Assessing Officer might ask for an affidavit confirming that you don’t own another PAN card.
Step 5: Visit the Income Tax Office
Personally head to the nearest Income Tax Assessing Officer. Present them with the letter detailing the duplicate PAN and your cancellation request. Ensure you retain the acknowledgement for future reference.
How To Surrender PAN Card Due to Death of Individual Holder?
Step 1: Gather Required Documents
- Death certificate of the PAN cardholder.
- A letter requesting the cancellation of the PAN, signed by the legal heir or a family member.
Step 2: Write a Request Letter
Detail the deceased’s name, PAN, date of birth, and surrender reason. Attach the death certificate.
Step 3: Submit to the Concerned Authority
Personally deliver or send the letter with attached documents to the local Income Tax Assessing Officer.
Step 4: Receipt
On submission, a receipt or acknowledgement will be provided. Keep this safe for future reference.
How To Surrender PAN Card of a Firm/Partnership Firm/Company – Online?
Step 1: Initiate the Process
Begin by visiting the official NSDL website. Navigate to the ‘PAN Change Request Online Form’ page.
Step 2: Choose Application Type
Select the “Changes or Correction in existing PAN Data/Reprint of PAN Card (No changes in existing PAN Data)” option.
Step 3: Fill Out the Form
Input firm/company details. Note the token number sent to your email. Keep this for future interactions.
Step 4: Provide Extra PAN Details
Clearly state the PAN number you intend to surrender and ensure you check the corresponding box.
Step 5: Document Submission
Attach scanned images of the necessary documents like proof of identity, address, and date of birth of the authorised signatories.
Step 6: Verify & Pay
Review all entered details and proceed to the payment.
Step 7: Acknowledgment
An acknowledgement form will be generated. Print to save for future reference.
How To Surrender PAN Card of a Firm/Partnership Firm/Company – Offline?
Step 1: Form Acquisition
Obtain the “Request For New PAN Card Or/And Changes Or Correction in PAN Data” form from any NSDL collection centre.
Step 2: Complete the Form
Fill out the form, specifying details about the firm or company. Attach the necessary documents.
Step 3: Letter of Request
Write a formal letter requesting the cancellation of the PAN, stating the reasons behind it.
Step 4: Submission
Submit the filled-out form, the letter, and the attached documents to the local NSDL collection centre.
Step 5: Receipt
After submitting, you’ll be given a receipt or acknowledgement. Retain this for your records.
Step 6: Visit the Income Tax Office
Head to the local Income Tax Assessing Officer and present the documents, explaining the reason for surrendering the PAN card. Make sure to keep any acknowledgement of receipt they provide.
Key Considerations While Surrendering Your PAN Card.
- Reason for Surrender: It’s crucial to specify the reason for surrendering the PAN card, whether it’s due to holding a duplicate PAN, the death of the holder, or business dissolution.
- Keep Acknowledgments: Always retain the acknowledgement slip or receipt provided when you submit the PAN card for surrender. This serves as a record of your request.
- Avoid Delays: As soon as you identify the need to surrender a PAN (e.g., discovering a duplicate PAN), act promptly to reduce potential complications.
- No Refunds: Fees paid for obtaining or correcting the PAN card are non-refundable, even if you surrender the card later.
- Prevent Misuse: Surrendering PAN cards that aren’t in use prevents potential misuse, identity theft, or fraudulent activities.
Know More About How to Check the PAN Card Status?
Conclusion
Understanding the surrendering process for PAN cards is essential for efficient tax management in India. Following the outlined steps ensures a seamless experience while maintaining financial integrity.
FAQs
How long does it take for the PAN card to be officially cancelled after surrender?
Typically, it takes about 15-20 working days for the PAN card to be officially cancelled after the surrender request has been acknowledged by the Income Tax Department.
I lost my acknowledgement receipt after surrendering the PAN. What should I do?
It’s crucial to keep the acknowledgement safe. If lost, contact the NSDL or the Income Tax office where you submitted the request. They might provide a duplicate or guide you on the next steps.
Can I surrender my PAN card if I'm moving abroad permanently?
Yes, if you’re relocating permanently and have no financial interests left in India, you can opt to surrender your PAN card. However, consider the decision carefully, especially if you may return or have potential financial dealings in India.