How to Cancel PAN Card Online & Offline

In this article, you will learn the process to cancel PAN card online or offline, One has to surrender PAN card through the NSDL website if he/she had one or more PAN against his/her name as Any person or legal entity in India is prohibited from holding more than one PAN card.

Introduction

According to Indian Income Tax regulations, every person required to pay tax to the government gets a Permanent Account Number (PAN), also known as a PAN card or PAN number. The taxpayer must mention this 10-digit alphanumeric number whenever they engage in any financial transaction. PAN cards make it easier for the government to monitor all of a person’s financial transactions.

Possessing multiple PAN cards can result in severe fines or, worse yet, imprisonment for the offender. In addition, all individuals and business entities with more than one PAN issued in their name must cancel or surrender their additional PAN cards due to the Indian government’s requirement that people link their Aadhaar with their PAN cards. 

Regarding people and entities with multiple Permanent Account Numbers (PANs), this article discusses PAN Card Cancellation.

PAN card cancellation causes

• Multiple PAN Cards: Possessing more than one PAN card is illegal. The Income Tax Department consequently deactivates the additional PAN card.
• False PAN Cards: The Income Tax Department also cancels PAN cards that contain incorrect information and documentation.
• Foreign nationals – People who don’t live in India must give their PAN cards to the Income Tax Department. To stop unauthorized use by others, the government opts for this solution.
• Deceased: Upon application by the nominees of a deceased person, they cancel the PAN card of that person along with a copy of the death certificate.

In any of the circumstances above, the person needs to request the cancellation of his PAN card. Then, he can apply either online or offline for the same position. 

This indicates that he can request the cancellation of his PAN card in person at the authorized NSDL TIN facilitation center or online through the official online portal accessible through the IT Department’s official website.

The Repercussions of Additional PAN 

A person with multiple PAN cards may face penalties under the rules established by the Indian government. One PAN card may be held by an individual at a time, per Section 139A of the Income Tax Act of 1961. The eligibility requirements for obtaining a PAN card are also present in this section of the Act.

As a result, Section 272B of the Income Tax Act gives an income tax officer the authority to fine anyone with more than one PAN card by INR 10,000. The cancellation process of additional PAN cards is underway by simply going to the NSDL online portal and filling out the PAN corrections form. The person gets to know once the application and payment are successfully processed.

By submitting the PAN Correction Form at their nearby NSDL Collection Center, one may also surrender or cancel their additional PAN card. The form may be sent to the Assessing Officer of the relevant jurisdiction once it has been appropriately filled out and paid for.

Online Process to Cancel PAN Card

You can use these steps to submit an online request to cancel your current PAN card:

• Go to the NSDL website and select “Apply for PAN Online.” or visit directly https://www.onlineservices.nsdl.com/paam/endUserRegisterContact.html
• Click “Application Type” and select “Correction in Existing PAN Data.” 
• Fill out all the necessary information on the PAN card cancellation form. It redirects to a page that mentions all of the cards you want to turn in. On the page, press “Submit.”
• Download this application for use in the future and make an online payment.

Offline Method to Cancel PAN Card

Follow these procedures while visiting one of the designated PAN Centers to apply for the cancellation of a PAN Card:

• Open the official NSDL portal and choose a new PAN card request or a PAN data correction.
• Click on the given link to download the form.
• Deliver this form and copies of the required documents to the nearby NSDL.
• You will receive an acknowledgment slip once you submit the form.

Additionally, you must submit a letter to an assessing officer outlining the duplicate PAN information and asking for cancellation. You should also be aware that an officer may request an affidavit confirming the absence of any additional cards.

Reviewing the PAN card cancellation request letter format is a good idea before submitting an application. Clearly stating the details in this letter is essential.

The nearest tax office can receive the letter in person or via mail. But keep in mind that you must write down the acknowledgment number.

How to Check PAN Card Cancellation Status

It would be best if you ideally got an acknowledgment slip after submitting an online PAN card cancellation application to the NSDL. The office must receive this letter within 15 days of submitting a request.

It is wise to monitor the situation. Here’s how to check it out.

• Visit the income tax portal and select “Quick Link” then “Know Your TAN/PAN/AO.” 
• Fill out all the necessary information on the redirected page, including your gender, name, birthdate, and phone number. Then press “Submit.”
• Enter the OTP sent to your RMN (Registered Mobile Number).

A screen will show the status of the PAN card.

If you want to know the status of the PAN card cancellation, you might need to submit more information.

Every taxpayer needs to be aware of the justifications and procedures for applying to have a PAN card deactivated. Additionally, you should be aware that Section 272B of the Income-tax Act, 1961, entails an INR 10,000 penalty for possessing multiple cards.

Consider canceling your PAN card sooner to avoid paying these fines.

Frequently Asked Question