PAN Card Cancellation Online

Having numerous PAN cards can result in a large fine and imprisonment. Individuals and corporate organizations who held more than one PAN card in their name were forced to cancel/surrender their additional PAN cards when the government made it necessary to connect Aadhaar with PAN cards. Below you can look over every attribute of PAN Card Cancellation online. 

As a result of the government’s decision, those who hold more than one PAN card in their name are seeking ways to get rid of duplicate PAN and extra cards. So the procedure that a person must take if he or she wants to revoke the duplicate/additional PAN cards in their name.

PAN Card Cancellation Form

When attempting to cancel extra PAN cards in their name, an individual must first get the PAN card cancellation form. The form is the same one that an individual fills out when applying for a new PAN card or requesting a correction to an existing one. This form may be accessed both online and offline.

Following that, the user must select the ‘Apply for PAN Online’ option. When this is done, the applicant is routed to a new page where the requested information must be entered and submitted.

How to Cancel PAN Card Online?

One can cancel or do the PAN card surrender online by following the steps mentioned below:

Step 1: He must go to the official website of the income tax department. Now, fill the ‘PAN Change Request application form.

Step 2: One must attentively fill out the form with accurate information. On the top of the application form, one must enter the data of the currently used PAN.

Step 3: Carefully input the data of the extra PANs issued to the assessee in item no.11.

Step 4: The applicant must ensure that the PAN Card to be cancelled is submitted together with the PAN Change Request application form.

PAN Card Cancellation Offline Process

Anyone who wants to apply for PAN Card Cancellation offline can request the same by going to one of the approved PAN Centers. Here are the steps for PAN Card Cancellation Offline Process:

Method 1:

  • The applicant must fill out Form 49A, which may be obtained from any NSDL PAN card cancellation facility. 
  • After properly completing the form, one must submit it to any NSDL Tin facilitation centre and request a modification to his PAN card data.

Method 2:

The applicant may also request changes or PAN card cancellation by sending a letter to the immediate assessing officer in charge of the region. The letter should provide accurate information about the applicant. The candidate must submit the following information:

  • Name of the individual: In the letter, the applicant must mention their exact name. The name provided should be the same as on other legal documents.
  • Applicant’s address: The applicant should include his address in the letter. The given address must be the applicant’s legal residence address.

 How to Check PAN Card Cancellation Status?

After completing the form and submitting it for PAN cancellation, the following step is to determine the status of the request. In this section, we will look at how an applicant may monitor the progress of their request. This may be accomplished by following the procedures outlined below:

Step 1: Visit https://www.incometaxindiaefiling.gov.in/home for further information.

Step 2: Select ‘Know Your PAN/TAN/AO’ from the Quick Links menu.

Step 3: Fill in the requested information, such as your name, date of birth, gender, and phone number, and then click the ‘Submit button.

Step 4: When you do this, an OTP is delivered to the cellphone number you give.

Step 5: Enter the OTP and click the ‘Validate’ button.

Step 6: The status of the PAN card in the applicant’s name is displayed on the following screen.

It should be noted that if the applicant seeking to discover the status of his or her PAN has several cards in his or her name, they may be required to give extra information.

Reasons for Cancellation of the PAN

  • Multiple PAN Numbers Issued

Due to human mistakes, the IT department gives numerous PAN numbers to a single taxpayer. The assessee may wind up applying for a PAN number numerous times, resulting in the IT Department allocating various PAN numbers to the same individual.

  • Errors in the Printed PAN Card

Many times, the PAN Card issued to an individual has incorrect information. For example, the assessee’s name may be misspelt, or the date of birth may be inaccurate. In this scenario, the individual must revoke his or her PAN card and apply for a new one.

What are the Consequences of Non-Cancellation of Additional PAN?

When an individual has more than one PAN card, the Government of India may penalize them according to the law. Individuals are only allowed to have one PAN card, based on Section 139A of the Income Tax Act of 1961. This part of the Act discusses who is eligible to receive a PAN card.

As a result, under Section 272B of the Income Tax Act, an Income Tax Officer has the authority to levy a penalty of INR 10,000 on any individual who holds more than one PAN card. Individuals can, however, cancel or surrender the additional PAN cards by visiting the NSDL web portal and completing the Form for PAN adjustments.

Once the Form and payment have been properly processed, the individual will be notified.

Furthermore, by completing the PAN Correction Form at their local NSDL Collection Centre, one may surrender/cancel their second PAN card. Once completed, the Form may be delivered to and paid for by the Assessing Officer of the particular jurisdiction.

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