Canceling Your Pan Correction Application: A Step-By-Step Guide

how to cancel pan correction application

If you need to cancel your PAN card, you can do so online or offline. To cancel online, you can visit the National Securities Depository Limited Tax Information Network (TIN) portal and fill out form 49A. If you want to cancel offline, you can write a PAN card surrender letter to the area's immediate assessing officer, including your name, address, existing PAN number, the PAN number to be surrendered, and the reason for surrender. Once you have submitted your cancellation request, you can check its status by visiting the official website of the Income Tax e-filling service.

Characteristics Values
How to cancel PAN card Visit the National Securities Depository Limited Tax Information Network (TIN) portal and fill out form 49A
Surrender the PAN card by writing a letter to the area's immediate assessing officer
Visit the NSDL website and select 'Changes or Correction in existing PAN data/ Reprint of PAN card'
Fill out the form with the required details and enter the PAN number that needs to be cancelled
Make the required payment and submit the form
Send a printed copy of the acknowledgement with the required documents to the 'Income Tax PAN Services Unit' at Pune
Write a letter to the Income Tax officer under whose jurisdiction the company or firm was filing taxes

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Cancelling duplicate PAN cards online

In India, it is prohibited for any person or legal entity to hold more than one PAN card. If an individual has been issued two PAN cards by mistake, they can cancel one of them by completing the 'PAN Change Request' form online. Here is a step-by-step guide to cancelling duplicate PAN cards online:

Step 1: Visit the official National Securities Depository Limited Tax Information Network (NSDL) web portal.

Step 2: Click on 'Application Type'. From the drop-down menu, select 'Changes or Correction in existing PAN Data/ Reprint of PAN Card (No changes in existing PAN Data)'.

Step 3: For Category, select the option of 'Company, Firm or Partnership' and proceed to fill in the Form online.

Step 4: In Form 49A, enter the PAN that has to be cancelled in Item 11 of the Form.

Step 5: Submit the completed Form and print out the acknowledgement.

Step 6: Send a printed copy of the acknowledgement to the National Securities Depository Limited eGovernment along with two attached photographs of the user.

Step 7: Before sending out the receipt, the envelope has to be labelled under 'Application for PAN Cancellation' along with the Acknowledgment Number.

Alternatively, an individual can surrender/cancel their additional PAN card by submitting the PAN Correction Form at their nearest NSDL Collection Centre.

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Surrendering a PAN card to authorities

Surrendering a PAN card to the authorities can be done both online and offline. Here is a step-by-step guide on how to do it:

Online Method:

  • Visit the National Securities Depository Limited Tax Information Network (TIN) portal or the NSDL website.
  • Click on "Application Type" and select "Changes or Correction in existing PAN Data/Reprint of PAN Card (No changes in existing PAN Data)" from the drop-down menu.
  • For the category, select "Company", "Firm", or "Partnership" if applicable.
  • Fill out Form 49A online. Enter the PAN that needs to be cancelled in Item 11 of the form.
  • Submit the form and print the acknowledgement.
  • Make the necessary payment via debit card, credit card, internet banking, or demand draft.
  • Download and save the payment acknowledgement for future reference.
  • Send a printed copy of the acknowledgement, along with two photographs, to the National Securities Depository Limited eGovernment. The envelope should be labelled as "Application for PAN Cancellation" with the Acknowledgment Number.

Offline Method:

  • Write a letter to the Income Tax Assessing Officer under whose jurisdiction your taxes are filed.
  • Mention your personal details, such as your full name, date of birth, PAN card number to be retained, and details of the duplicate PAN card being surrendered.
  • Attach a copy of your PAN card, identity proof, address proof, and proof of the surrender reason, if applicable.
  • Post or hand-deliver the letter to the nearest tax office and keep the acknowledgement receipt.

It is important to note that, according to Section 139A of the Income Tax Act, 1961, an individual can only hold one PAN card. If you have multiple PAN cards, you must surrender the additional ones to avoid penalties.

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Filling out the PAN card cancellation form

Step 1: Visit the Official Website

Start by accessing the National Securities Depository Limited Tax Information Network (TIN) portal or the NSDL website. This is the official website for managing your PAN card.

Step 2: Navigate to the Services Section

Once on the website, click on the 『Services』 tab, and from the options presented, select 『PAN』. This will direct you to the PAN-related services.

Step 3: Select the 'Changes or Correction' Option

Under the PAN services, you will find an option for 'Changes or Correction in existing PAN data/ Reprint of PAN Card'. Click on this option to proceed with the cancellation process.

Step 4: Choose the Appropriate Category

Depending on your entity type, select the relevant category. If you are an individual, choose 'Individual' from the drop-down menu. If you represent a company, firm, or partnership, select that option accordingly.

Step 5: Fill Out the Form

Now, you will be presented with the PAN card correction form. Fill out the form with the required details, ensuring that the information is accurate and correct. Provide your PAN Card number, full name, date of birth, address, contact details, and any other requested information. Double-check the details before proceeding.

Step 6: Specify the PAN Card to be Cancelled

In the form, you will find an item numbered 11 or a similar section. Here, you must mention the PAN number you want to surrender or cancel. If you have multiple PAN cards and wish to retain one, list the PAN currently in use at the top of the form and any additional PANs you want to cancel.

Step 7: Attach Supporting Documents

Along with the form, you will need to submit a scanned copy of the PAN card you wish to cancel. Additionally, provide proof of identity, date of birth, and address documents. Ensure that you submit correct and original identity proof documents to avoid complications.

Step 8: Submit the Form

After completing the form and gathering the required documents, submit the form online or at your nearest NSDL Collection Centre or PAN centre. You may also send it to the Assessing Officer of the respective jurisdiction.

Step 9: Receive Acknowledgement

Upon successful submission of the form, you will receive an acknowledgement slip or a unique token number via email. Keep this for future reference and to track the status of your cancellation request.

Please note that the cancellation process typically takes about 10-15 days, after which you will receive a confirmation message regarding the deactivation of your PAN card.

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Writing a PAN card surrender letter

To cancel a PAN card correction application, you can write a PAN card surrender letter. This letter should be addressed to the Income Tax Assessing Officer of your jurisdiction. It should be written in a formal tone and be precise.

  • Include your address and the recipient's address.
  • Write the date.
  • Add a subject line that clearly states the purpose of your letter. For example, "Request to surrender my PAN card number [your PAN card number]."
  • Include formal salutations.
  • In the main body of the letter, introduce yourself and state the purpose of your letter. Provide details of your PAN card, such as the number, and your contact information. If you are surrendering the PAN card due to a lost or misplaced card, mention this and include the card number. If you are surrendering due to possessing multiple PAN cards, mention this and specify which card you wish to retain.
  • Add a polite closing, such as "Sincerely" or "Faithfully," followed by your signature and name.
  • Attach any required documents, such as a dissolution deed or a copy of the PAN card to be surrendered.
  • Submit the letter to the Income Tax Assessing Officer and collect an acknowledgment receipt. This receipt acts as proof that the Income Tax Department has received your request.

Please note that the exact process may vary slightly depending on your specific situation and jurisdiction. Additionally, there are online options available for surrendering or cancelling PAN cards through the NSDL website and Tax Information Network (TIN) portal.

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Following up on the application status

To follow up on the status of your application for PAN card cancellation, you must first ensure that you have completed the cancellation process as outlined in the following steps:

  • Visit the official NSDL web portal.
  • Click on "Application Type" and select "Changes or Correction in existing PAN Data/ Reprint of PAN Card (No changes in existing PAN Data)".
  • For Category, select "Company, Firm, or Partnership" and proceed to fill out Form 49A online.
  • Enter the PAN that needs to be cancelled in Item 11 of the Form.
  • Submit the completed Form and print the acknowledgement.
  • Send a printed copy of the acknowledgement to the National Securities Depository Limited eGovernment along with two attached photographs.
  • Before sending the envelope, label it as "Application for PAN Cancellation" along with the Acknowledgment Number.

Once you have submitted your application, you will need to wait for a response. If you have not received an acknowledgement or a response within a reasonable amount of time, you should contact the Income Tax Department to follow up on the status of your application.

It is important to note that Indian law prohibits individuals from holding more than one PAN card. If an individual possesses multiple PAN cards, they may be penalised or even jailed. Therefore, it is crucial to promptly cancel or surrender any duplicate PAN cards.

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