How to Change Details and Surrender your Pan Card?

A Permanent Account Number (PAN) is an exclusive, ten-digit alphanumeric identifier provided by the Indian Income Tax Department (ITD). Every individual must have a PAN card to file taxes and complete other financial activities. 

In some cases, the details on the PAN card may need to be changed or the card may need to be surrendered. In this article, we will explain how to apply for a PAN card update online and PAN card surrender.

Reasons to change Details in Your PAN Card

Changing details in PAN Card is necessary to avoid discrepancies in income tax filings. It is important to update the PAN Card regularly to ensure all the information is accurate and up-to-date. Some of the reasons to change the details in your PAN Card are as follows: 

1. Change in Name: If you have changed your name due to marriage or any other personal reason, it is important to update it in your PAN Card as well.
2. Change in Address: If you have shifted your residence, it is important to update your PAN Card details with your new address.
3. Change in Signature: If your signature has changed over time, it is important to update your PAN Card details.
4. Loss or Misplacement of PAN Card: If you have lost or misplaced your PAN Card, you need to apply for a new PAN Card.
5. Error in PAN Card Details: If there are any errors in your PAN Card details, it is important to update your PAN Card.

In case of any of the above-mentioned reasons, you can apply for a PAN Card update or PAN Card surrender.

How to Update Details on Your PAN Card?

Updating details on a PAN card is necessary for financial transactions. Here is a step-by-step guide on how to update the details on your PAN card:

1. Visit the official website of the Income-tax Department.
2. Select the option for 'Application for New PAN Card'.
3. Fill in the form with the necessary details like name, address, date of birth, etc.
4. Submit the form and make the payment for the processing fees.
5. After completing the payment, you will receive a 15-digit acknowledgment number.
6. Submit the acknowledgment number and other required documents at the nearest PAN Card centre.
7. The PAN Card centre will update your details and issue a new PAN card with the updated details.

In case you want to surrender your PAN card, you can do so online. Visit the same website and select the option 'Surrender of PAN card'. Fill in the form, make the necessary payment, and submit the form. You will receive a new PAN card with updated details.

There you go! PAN card updates and surrender can be easily done online.

What Documents Are Required to Update Details on PAN Card?

Online PAN card updates can be done only after submitting the required documents to the Income Tax Department.

Here are the required documents:

A copy of PAN Card: A copy of the PAN card should be submitted to verify the existing details.

Identity Proof: An Individual must provide valid proof of identity such as an Aadhaar Card, Driving License, Passport, Voter ID Card, etc.

Proof of Address: An individual must provide valid proof of address such as an Aadhaar Card, Driving License, Passport, Ration Card, etc.

A copy of the Cancelled Cheque: An individual must provide a cancelled cheque that has the same name as printed on the PAN card.

An Affidavit: An individual must also submit an affidavit that should include the details that need to be updated.

Other Supporting Documents: In some cases, individuals may also be asked to submit other relevant documents such as birth certificates, marriage certificates, etc.

Once all the documents are submitted and verified, the PAN card details can be updated online.

How to Surrender Your PAN Card

Surrendering your PAN card is a simple process that can be completed either online or offline. If you no longer need your PAN card or need to change any mistakes in the details, you can surrender your card. Here are the steps to complete the PAN card surrender process: 

Offline

1. Fill up the PAN card surrender form (Form 49A). It is available on the NSDL website.
2. Mention the reasons for surrendering the card.
3. Attach a copy of the PAN card and other relevant documents with the form.
4. Submit the form to the nearest income tax office.

Online

1. Visit the NSDL website and click the ‘Surrender PAN Card’ link.
2. Enter your PAN details, contact information, and other relevant details.
3. Upload a scanned copy of your PAN card.
4. Submit the form and pay the applicable fees.

Once you’ve submitted the PAN card surrender form, your card will be deactivated, and you will receive a confirmation email or SMS. Make sure you keep a copy of the form as proof of surrender.

Conclusion

To sum up, changing details of PAN or surrendering PAN card online are simple processes. All you need to do is, go to the NSDL or UTI website, select the ‘Apply for PAN’ option and choose the ‘Changes or Correction in existing PAN data’ option. Fill out the form and make the payment using your debit or credit card.

You can then submit the form and the supporting documents and wait for the PAN card to be updated or cancelled. With these simple steps, you can make all the necessary changes to your PAN Card.

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