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One may have been assigned different PAN Numbers. The individuals who have more than one PAN ought to instantly apply for surrender of extra PAN numbers allocated to them as having more than one
PAN may make them at risk to a punishment of Rs. 10,000. Wage Tax Department in Feb 2017 has begun deactivating PAN. So please surrender any extra PAN that you have. This article discusses
Deactivation of PAN by Income Tax Department for more than one PAN, how to surrender or cross out PAN physically and through Online.
Skillet is essential. Considering purchasing an auto? Or, then again taking another telephone association? Making a speculation? All things considered, there's one detail you have to cite for all, and that is your Permanent Account Number (PAN). Required for a steadily broadening extent of exchanges, a PAN card is an unquestionable requirement nowadays.
There perhaps two explanations behind the cancelation of a skillet card - it is possible that you have more than one container card or the dish card holder is an expired. For the primary reason, on the off chance that you are holding more than one skillet card than the arrangement is simple.
Here are approaches to surrender the copy PAN Number
Physically Submitting the Application
> Write a letter to this impact to the evaluating officer under whose locale you have been recording your profits. The letter must contain subtle elements, for example, your name, contact points of interest, subtle elements of the PAN Card to be held, subtle elements of the copy PAN Card(s) which you have to surrender, etc.Keep the affirmation duplicate of the letter that you have recorded with the I-T office, expressing that you are surrendering your extra PAN.That is adequate as evidence of surrender and no extra affirmation from the I-T specialists is required.On receipt of the affirmation, there is no requirement for you to sit tight for suggestion from the wage assess office considering that the PAN submitted has now been scratched off by them.The affirmation duplicate of the letter submitted will more than comprehend the reason.
> Manually Fill the Form No. 49A for change/Correction in amendment in PAN and present the same at your closest UTI dish focuses or NSDL TIN Facilitation focuses. See point no. 10 in that frame where you can fill the extra PAN number you need to scratch off. Tick the crate before point No 10.
Online Process to Surrender PAN card
> Visit the Income Tax Department site
> Go to the 'Surrender Duplicate PAN' alternative
> Enter the points of interest of the copy PAN number(s) and the PAN you wish to hold and also your own subtle elements, for example, full name, date or birth (date of consolidation if there should arise an occurrence of organizations) and contact points of interest
> Submit the frame, whereupon you will be coordinated with regards to the further procedure
Holding more than one PAN is an offense accordingly it is fitting to surrender the additional PAN(s) assigned to you at the appropriate time of time to maintain a strategic distance from the repercussions that may emerge.
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