the individual must initiate the cancellation process for their PAN card. This can be done through two available methods: online or offline. The individual has the option to personally visit a registered NSDL TIN facilitation center for the cancellation process. Alternatively, they may opt for the convenience of the registered online portal accessible on the official website of the IT Department to apply for the cancellation of their PAN card.
A PAN card, or Permanent Account Number, is a unique alphanumeric identifier assigned to individuals subject to taxation under Indian Income Tax regulations. Comprising 10 digits, this identifier is obligatory for taxpayers in all financial transactions. The PAN card facilitates government oversight of diverse financial activities undertaken by an individual, aiding in the monitoring of financial transactions.
Causes for PAN Number Cancellation:
1. Issuance of Multiple PAN Numbers by the IT Department:
2. Errors in PAN Card Details:
Method 1:
Method 2:
The assessee can also opt for the online mode by filling out the ‘PAN Change Request’ Application form using the following steps:
Method 1:
Method 2:
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