LawRato

Have two pan cards how can I discard the old one


21-Apr-2023 (In Documentation Law)

i wanted to have an name correction done but somehow the agent which i hired made me another pan card. now i have two pan cards. i want to use the new one and surrender the old one after paying all the due tax on the old pan card. i cant let go of the new one as it has been updated everywhere by my agent. i want to surrender the old one. can i surrender the old one and start using the new one?

Answers (2)

Answer #1
159 votes

If you wish to cancel/ surrender your PAN (which you are currently using), then you need to visit your local Income Tax Assessing Officer with a request letter to cancel/ surrender your PAN.

Answer #2
992 votes
You can apply for surrender of your old PAN card by two methods.

1. Manually –

a. Write a letter to this effect to the assessing officer under whose jurisdiction you have been filing your returns. The letter must contain details such as your name, contact details, details of the PAN card to be retained, details of the old PAN card(s) which you need to surrender, etc. Keep the acknowledgement copy of the letter that you have filed with the Income Tax department, stating that you are surrendering your additional PAN. That is sufficient as proof of surrender and no additional confirmation from the I-T authorities is required. On receipt of the acknowledgement, there is no need for you to wait for intimation from the income tax department considering that the PAN submitted has now been cancelled by them. The acknowledgment copy of the letter submitted will more than solve the purpose.

b. Manually Fill the Form No. 49A for change/Correction in correction in PAN and submit the same at your nearest UTI pan centers or NSDL TIN Facilitation centres.

2. Online-

a. Visit the Following Link and fill the detail in the online Form given at the link and following the instructions

http://incometax.sparshindia.com/pan/newPAN.asp

b. You can also surrender the pan online by filing a application “change in pan data ” through UTI pan centers or NSDL TIN Facilitation centres. In application fill spare pan number in Last row of the Form.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."