Permanent Account Number or PAN card has gained a lot of traction in the last couple of years. There is a good chance that most of readers have at least heard about or know of the PAN card.

It is one of the most important documents, for tax purpose as well as otherwise. In this scenario, it is mandatory to have knowledge about what is a PAN card, how to apply, how to change your details, if required and surrender it, if need be.

This article covers the important elements one needs to know about changing the applicant’s details and surrendering a PAN card.

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Why is Changing PAN Card Details Important?

Many readers might be thinking about this. It is fairly reasonable to think that, what the problem is if there is a mismatch in some detail in one’s PAN card. What could be the problems or consequences?

Most of the readers would have heard that linking your PAN with Aadhaar is now mandatory.  In this regard, any mismatch in name, date of birth or other personal details may give rise to a lot of unwanted and unnecessary problems and legal complications for you.

Therefore, as it is rightly said ‘Prevention is better than cure’.

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It is advisable to keep all the details, no matter how big or small, trivial or not, updated and corrected, as regards a PAN card is concerned.

With that being said, let us have a look at how you can change your details in a PAN card.

How to Change Your PAN Details

The process can be done online as well as offline. However, given the ease and convenience of the online method, it is usually more advisable to and preferred by the PAN cardholders.

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Offline Method

For using the offline mode to make corrections in or surrender the PAN, an individual needs to submit the PAN correction form with the nearest NSDL collection centre.

This form can easily be downloaded online as well. Thereafter, he/she fileS a letter with the jurisdictional Assessing Officer.

Let’s take a look at how can the same thing be done online at a quicker pace.

Online mode

Online method

One needs to follow a series in order to change their PAN details online. They are as follows –

  • The first step is to visit the NSDL online services website.
  • Upon navigating through the website, you would find ‘Application type’ box. Therein, you are required to choose the option ‘Changes or corrections’ in existing PAN Data/ Reprint of PAN card (No changes in existing PAN Data).
  • The next simple step is to, fill all the details required in other boxes and click on submit.A unique token number will be generated.
  • Once the token number is generated, you need to fill all the information which is mandatory. These would include details like your Aadhaar number, Father’s name etc.
  • In the bottom of the form there is an option to surrender multiple PAN cards. The, click on ‘Next’.
  • After the above step, you will be redirected to another page. In this page, you will be required to upload the details such as proof of age, proof of identity, proof of address etc.

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It is advisable to keep these documents handy to save time and complete this process quickly. You will also have to fill out the declaration and then upload your picture and signature.

  • After the above step is completed, you may click on the ‘submit’ option. Next, you will be able to see and review the preview of the form.
  • One must check every detail thoroughly and make sure all the information provided by you is correct and all the correct documents are uploaded. There is a provision to go back and make corrections if required.
  • The next step is payment of fees. A Processing fee of ₹ 100 is charged, for all those PAN cardholders, whose communication address is within India.
  • For people with communication address abroad, a processing fee of ₹ 1020 is levied.
  • For the convenience of users, different payment options like credit card, debit card, net banking and demand draft are available.
  • Select the preferred payment option and complete the payment of the processing fee.
  • An acknowledgment will be visible on the screen. You are advised to download it and take several printouts of it.
  • The next and final step, for all individual applicants, is to affix two photographs in the space provided on the acknowledgment and self-attest them in such a way that half the signature is on the picture and half is on the acknowledgment.
  • Finally, send this acknowledgment receipt to NSDL e-Gov. All applicants must bear in mind that the acknowledgment and other required documents should reach NSDL within 15 days of form submission.

This is a fairly simple process and takes very less time to complete. Users can do this themselves and there is no need to visit an agent for the same.

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Why Could Surrendering a PAN Card be Important?

As per Section 139A of Income Tax Act, 1961 a person can hold only one PAN card. If you have more than one PAN, whether acquired intentionally or inadvertently, you run the risk of being penalised.

As per Section 272B of the Income Tax Act, the income tax officer can levy a penalty of ₹ 10,000 on a person for having more than one PAN.

Following government’s mandate to link PAN with Aadhaar, and Aadhaar with bank accounts, detecting multiple PANs has become easier than before for the Income Tax Department.

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With that being said, let us have a look at how you can you surrender your PAN card, both offline and online.

Offline Method

Readers are required to follow the following simple steps to surrender PAN offline-

  • For using the offline mode to surrender the PAN card, an individual needs to duly fill “Request for New PAN Card or/and Changes or Correction in PAN Data” form.
  • The next step is to submit this duly filled form, along with the necessary documents with the nearest NSDL collection centre.
  • Upon submitting the form, you will get an acknowledgement slip. This slip is to be sent to NSDL office.
  • You must ensure that the slip reaches the given office within 15 days of filing the request.
  • Thereafter, you will be required to file a letter with the Assessing Officer. This letter should list the details of the concerned duplicate PAN and request for cancellation of the same.
  • On some case to case basis, the Assessing Officer may also demand for an affidavit stating that the individual does not own any other PAN card except the one that is in use.
  • It is optional for you to visit the nearest Income Tax Assessing Officer of your jurisdiction and submit a letter to them stating the duplicate PAN details and requesting for cancellation of the same.
  • Lastly, save the acknowledgment number received upon submission of the letter.

The process for surrendering the PAN card offline is now complete.

Also read, How to apply for a new PAN card?

Online Method

  • The first step is to visit the NSDL online services website.
  • In the website, you will find “Application Type” drop-down list. You are required to select the “Changes or Correction in existing PAN Data/Reprint of PAN Card (No changes in existing PAN Data)” option.
  • Upon selecting this option, you are required to fill out the form completely. Thereafter, click the ‘Submit’ button.
  • Upon submitting the form, a token number will be auto – generated and sent on the email address, which you have mentioned in the application.
  • Next, you shall be directed to a new webpage, wherein you need to select the “Submit scanned images through e-Sign” option, which can be found at the top of the webpage itself.
  • The PAN number you want to retain, is to be mentioned at the bottom of the page, in the designated place.
  • Thereafter, the process requires you to fill out your personal details, contact and other details in the form.
  • At the bottom of the next page, mention the additional PANs that you want to surrender and then click on the ‘Next‘ button.
  • You are required to submit personal documents such as the proof of identity, residence and date of birth in the next page.
  • Upload the scanned images of your photograph, signature and the required documents.
  • Next, you will be able to see and review the preview of the form.
  • One must check every detail thoroughly and make sure all the information provided by you is correct and all the correct documents are uploaded. There is a provision to go back and make corrections if required.
  • The next step is payment of fees. For the convenience of users, different payment options like credit card, debit card, net banking and demand draft are available.
  • Select the preferred payment option and complete the payment of the processing fee.
  • An acknowledgment will be visible on the screen. You are advised to download it and take several printouts of it.
  • The next and final step, for all individual applicants, is to affix two photographs in the space provided on the acknowledgment and self-attest them in such a way that half the signature is on the picture and half is on the acknowledgment.
  • Finally, send this acknowledgment receipt to NSDL e-Gov. The label of the envelope should be with ‘Application for PAN cancellation’ and the acknowledgement number.
  • All applicants must bear in mind that the acknowledgment and other required documents should reach NSDL within 15 days of form submission.

By following the series of above- mentioned simple steps, one can easily surrender one or more PAN cards, as the case may be. This entire process can be done by self and there is absolutely no need to take the services of any agent.

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Happy investing!!

Disclaimer: the views expressed here are of the author and do not reflect those of Groww.