The PAN Card, being a very essential document with concerning tax filing and identity proof, the Government cannot throw a chance at any cost to let anyone misuse it. To prevent any misuse, the Government asks to surrender the PAN card in some cases.
There are few situations when the PAN card needs to be surrendered to the Government authorities i.e.
- When the cardholder leaves the citizenship and hence the country.
- When the cardholder passes away.
- When the cardholder has multiple PAN cards.
The Income Tax Department has made it simpler to surrender a PAN card either in online or offline mode.
The Online Process of Surrendering PAN Card
Step 1: Browse the link at https://www.tin-nsdl.com/services/pan/pan-index.html
Step 2: Find the section with the title “Change/Correction in PAN Data”.
Step 3: Open the form by clicking on the Apply button.
Step 4: Select “Changes or Correction in existing PAN Data / Reprint of PAN Card (No changes in existing PAN Data)” option from the dropdown list box”.
Step 5: Choose the category of PAN to be surrendered.
Step 6: Provide all scanned documents and make payments.
Step 7: Submit the form and wait for the notification that you will receive as the status of your application.
The Offline Process of Surrendering PAN Card
Step 1: On NSDL or UTI official website, fill up the Form 49A and take a print out.
Step 2: You can then physically handover the same to the Tax Assessing Officer of your jurisdiction. Receive the PAN cancellation acknowledgement.
Step 3: In either way, write an application addressing the Tax Assessing Officer, mentioning all your personal information along with the details of the PAN card that is to be surrendered.
Step 4: Handover the letter to the tax office nearby and receive the acknowledgement for further reference. This acknowledgement is the proof that ascertains the cancellation of the PAN card.