My friend had two PAN cards registered to his name. He told me about it and then I told him that the possession of more than one PAN is punishable by a fine of Rs. 10,000 under the terms of Section 272B of the Income Tax Act of 1961. So, he evidently asked me how to deactivate PAN card online. Continue reading to see a thorough explanation of online procedures for deactivating your PAN card.
How to Deactivate PAN card online?
The procedure to deactivate your PAN card using the NSDL website are as follows:
To begin the process of cancelling or deactivating your PAN, go to the
NSDL online portal.Go to the 'Application Type' section and select 'Changes or Correction in Existing PAN Data' from the menu that appears. Mandatory Fields Must Be Completed. You must now complete the application by entering every necessary detail accurately. Additionally, select your category from the dropdown menu.
'Submit' after entering the CAPTCHA and checking the acknowledgement box. A "Token Number" will be given to you. The token number should be noted.
No boxes should be checked as you click the button to "Continue with PAN Application Form."
Submit the form and, if desired, use Aadhaar to e-sign it. Mention the PAN card you wish to keep in the form's final section, and then list any cards you wish to return, cancel, or deactivate in the section that follows.
Pay the required amount online with a debit/credit card, via net banking, or with a cheque. It costs Rs. 96 to cancel a PAN card (Rs. 85 for the application plus 12.36 per cent service tax).
I hope now you understand how to deactivate PAN card online.
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How to Deactivate PAN Card Online?
Bimal Jha
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1 Year
2023-07-10T12:16:10+00:00 2023-07-10T12:24:45+00:00Comment
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