A Permanent Account Number (PAN) is a vital document for financial and tax-related activities in India. However, there may be circumstances where individuals or entities need to surrender or cancel their PAN card. This blog provides a detailed explanation of how to surrender a PAN card, the steps involved, and answers to commonly asked questions.
Why Surrender a PAN Card?
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Duplicate PAN Cards: Multiple PAN cards are illegal. Duplicate PAN cards must be relinquished immediately to avoid penalties.
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Closure of Business: If a business is dissolved or closed, the PAN issued for the business should be surrendered.
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Death of a PAN Holder: PAN cards belonging to deceased persons should be cancelled by the legal heir.
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Correction in PAN Details: In case of incorrect details, applying for a new PAN while surrendering the incorrect one may be required.
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Merging of PANs: If two PAN cards were accidentally issued to a single person, one must be surrendered.
- Change in Residency: Foreign nationals leaving India permanently may cancel their PAN.
How to Surrender a PAN Card: Step-by-Step Process
Online via the NSDL Portal
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Visit the NSDL Portal: Access the NSDL e-Gov TIN portal for PAN-related services at www.protean-tinpan.com.
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Click on the Services Tab: Choose the PAN-related service.
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Fill in the Details:
- PAN number to be surrendered.
- Personal details (name, date of birth, etc.).
- The reason for surrendering the PAN.
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Upload Supporting Documents:
- Proof of duplicate PAN (if applicable).
- Death certificate (for deceased individuals).
- Legal heir certificate (if required).
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Submit the Form: Enter all details, submit the application, and pay the processing fee if applicable. Retain the acknowledgment receipt.
- Track Your Application: Use the acknowledgment number to check the status of your request on the NSDL portal.
Surrendering a PAN Card Offline
- Write a PAN Card Surrender Request Letter: Draft a formal letter to the Income Tax Department mentioning the PAN details and reason for surrender.
- Fill the Form: Obtain Form 49A from the nearest NSDL office or download it from the official website.
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Attach Supporting Documents:
- Submit the original PAN card (if available).
- Proof of identity and address.
- Additional documents:
- Duplicate PAN card: Proof of duplication.
- Deceased person: Death certificate.
- Submit to the Nearest Office: Visit the nearest NSDL or UTIITSL office and submit the documents.
- Collect the Acknowledgment: Obtain a receipt as proof of submission and use it to track the cancellation status.
PAN Card Cancellation Request Letter Format
[Your Name] [Your Address] [City, State, ZIP Code] [Date] To, The Assessing Officer, Income Tax Department, [City/Region Address] Subject: Regarding the Request to Cancel the Permanent Account Number Card Dear Sir/Madam, I, [Your Full Name], holding PAN [PAN Number], request the cancellation of my PAN card due to [reason, e.g., duplicate PAN, deceased individual]. Enclosed are the relevant documents for your reference. Kindly process my request at the earliest. Thank you. Sincerely, [Your Signature] [Your Contact Details]
FAQs
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Can I Surrender My PAN Card Online?
You can surrender your PAN card online using the NSDL or UTIITSL site by following the steps above.
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What is the Fee for PAN Card Surrender?
There is no fee for surrendering a PAN card. Corrections or modifications may involve a nominal fee (₹107 for Indian addresses, ₹1,017 for foreign addresses).
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Can PAN Card Be Cancelled Online?
Yes, by making a request through the NSDL portal.
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Can I Delete My PAN Card Permanently?
Yes, given appropriate grounds, you can revoke your PAN card permanently.
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How to Cancel PAN Card if I Have Two?
Identify the PAN you wish to retain and submit a cancellation request for the duplicate PAN.
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How to Check if PAN Card is Surrendered?
Track your request on the NSDL portal using the acknowledgment number.