How to surrender PAN card

Topic Covers:

1. How to surrender PAN card
2. More than one PAN card is allotted
3. Surrender On death of Individual
4. Surrender PAN Card of a Firm/Partnership/Company
5. Consequences of holding more than one PAN
6. Things should be keep in mind

The PAN Card is one of the crucial identification proofs in India. Every taxpayer has a Permanent Account Number (PAN). A person can have only one PAN. In other words, a person cannot hold more than one PAN. But in some instances, it is possible to hold two PANs due to any reason.

If the person is in possession of two PAN cards, then one PAN must be surrendered to avoid the penalties and other repercussions.

1. How to Surrender a PAN Card?

There could be any reason for surrendering the PAN like the Death of an individual, the disposal of a partnership firm or a company. Every person is allowed to hold only one PAN and if for any reason more than one PAN is allotted to a person then extra PAN should be cancelled by filing an application to NSDL or UTI or income tax officer.

a. More than one PAN card is allotted

There are two methods for surrendering a duplicate PAN card :

1. Through an application to the jurisdictional officer
2. Through Form 49A for Change or Correction in PAN

1. Through an application to the jurisdictional officer

To surrender the PAN card the person needs to make an application to the jurisdictional officer.

• Write an application to the Assessing officer from your area of jurisdiction stating the reason for surrendering the PAN card.
• Submit the application along with the relevant documents to the Income Tax Officer.
• keep the acknowledgment slip for further reference

Details need to be mentioned
The following details need to be mentioned in the application:

1. Full Name,
2. PAN card details (PAN no., DoB)
3. Address and
4. Other contact details.

If you have multiple PAN cards, then you can mention details of the PAN card you wish to surrender and the PAN card that you want to retain.

Through form 49A Form 49A for Change or Correction in PAN

If more than one PAN is allotted to a person, he can cancel an extra PAN number through the PAN Change Request Form.

Here, he will have to fill the form 49A for the request to change or correct the PAN number which he wants to keep active.
In this form, in Point No. 11 [Mention other Permanent Account Numbers (PANs) inadvertently allotted to you], you will have to mention all the PAN numbers that you want to surrender/cancel and also attach a copy of the PAN that you want to surrender.

Submit this form to the Pan Correction office of NSDL / UTI.

This form can also be submitted online on NSDL or UTI website or offline at NSDL / UTI centre for PAN application.

b. Surrender PAN Card due to the Death of PAN Holder

In case of death of the PAN card holder, the PAN card also needs to the surrendered to the Income Tax Authority. In this case, the legal representative of the PAN card holder can make an application to the jurisdiction Income Tax Officer.

The death certificate of the PAN card holder is also required to be submitted with the application. It's essential to ensure that the PAN card and personal details like name, address, date of birth, and date of death are mentioned in the application.

This is the only method to surrender the PAN in this case.

c. Surrender the PAN Card of a Firm/Partnership/Company

In case of dissolution of a Firm/Company/Partnership authorised person can write an application to the jurisdictional Income Tax Officer for surrendering the PAN of the firm/company.

The reason for surrendering PAN must be mentioned in the application.

Details and documents required:

1. PAN card details that you want to surrender
2. Copy of documents that state the firm/company is dissolved.
   (Eg. Partnership deed)

Submit the application along with the relevant documents to the Income Tax Officer and keep the acknowledgement slip for further reference since the acknowledgement slip is a proof that the PAN card has been cancelled.

3. Things should be kept in mind

• Once the PAN card is cancelled or surrendered you cannot take a refund of TDS deducted from that PAN card.
• Link/ update active PAN details wherever required like Adhaar card, Saving Bank accounts etc.
• Check whether the PAN for which cancellation/surrender application has been made is not linked with any bank account or not provided for TDS deduction. If provided then take the necessary steps.

Letter format for surrender of PAN card (Download)
Pan card surrender affidavit format (Download) 
Form 49A (Download)  
Affidavit format for company (Download) 

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