How to Cancel Your PAN Card Online: A Step-by-Step Guide

Why Would You Need to Cancel a PAN Card?

Cancelling a PAN card can be necessary in several scenarios:

• Duplicate PAN: If you've inadvertently been issued more than one PAN card, it is mandatory to cancel the duplicate PAN to avoid legal penalties.
• Incorrect PAN Information: If your PAN card contains incorrect information, you might want to cancel the old PAN card and apply for a new one with correct details.
• Death of a PAN Holder: In the case of a deceased individual, the family may need to cancel the PAN to avoid future tax-related issues.

Holding more than one PAN card is against the law and can lead to fines or other penalties. Therefore, it’s crucial to cancel any additional or incorrect PAN cards.

How to Cancel Your PAN Card Online

Here’s a step-by-step guide on how to cancel your PAN card online:

1. Visit the NSDL or UTIITSL Website

The PAN cancellation process is managed by either National Securities Depository Limited (NSDL) or UTI Infrastructure Technology and Services Limited (UTIITSL). Both platforms allow users to cancel or surrender their PAN cards online.

• NSDL Website: https://www.tin-nsdl.com/
• UTIITSL Website: https://www.pan.utiitsl.com/

2. Select the PAN Correction Form

• On the website, locate the "PAN Correction/Modification Request" form. This form is used not only for corrections but also for cancelling an existing PAN.

3. Fill in the Required Details

In the form, you’ll need to provide:

• Your PAN number (or numbers if you are cancelling duplicates)
• Full name and date of birth
• Additional information like your contact details

You should select the option to cancel or surrender the PAN card, and if you have multiple PANs, mention the one you wish to retain and the one to be cancelled.

4. Submit Supporting Documents

Upload scanned copies of supporting documents to verify your identity and address. Typically, you will need:

• Aadhaar card or Passport (as proof of identity)
• Utility bills or bank statements (as proof of address)
• In the case of cancelling due to death, a death certificate may be required.

5. Submit the Application

Once the form is filled and documents are uploaded, review the details and submit the application online. Make sure to double-check the information before submission.

6. Payment of Fees

A nominal fee is usually required to process the cancellation request. The payment can be made online via net banking, credit card, or debit card.

7. Tracking Your Application

After submitting your application, you will receive an acknowledgment number. Use this number to track the status of your PAN cancellation request through the NSDL or UTIITSL portals.

8. Confirmation

Once the PAN cancellation request is processed, you will receive a confirmation via email or SMS. Keep this confirmation as proof that the PAN card has been cancelled.

Important Points to Note:

• Multiple PAN Cards: If you have more than one PAN, it is illegal to hold multiple PAN cards. You must retain one and surrender the others.
• Impact on Financial Records: Cancelling a PAN that is linked to your financial records (such as bank accounts, tax filings, etc.) can cause issues. Ensure that only duplicate or unused PAN cards are cancelled.
• Physical Card Submission: Although the process can be initiated online, you may be asked to send your cancelled PAN card via post to the respective authority for final processing.

Conclusion

Cancelling a PAN card online is a straightforward process that helps you comply with the law and prevent future complications. Whether you’re cancelling due to duplication or misinformation, following the steps outlined above ensures a hassle-free experience. Always ensure you cancel any extra or incorrect PAN cards to avoid penalties or legal consequences.

If you want to apply PAN card, apply through this link https://pancardonlineindia.com/