Letter Writing

PAN Card Cancellation Request Letter

When a person has more than one PAN card, he or she may face severe penalties or, in the worst-case scenario, imprisonment. According to income tax regulations of the Indian Government, a person/entity should only have one PAN number. Every individual and business entity that has more than one PAN card in their name has been forced to cancel or surrender their additional PAN cards. To do so, a PAN card cancellation request letter must be written. We will look at how to write a PAN card cancellation request letter and look at some sample letters in this article.

PAN Card Cancellation Request Letter

PAN Card Cancellation Request Letter

When an individual has more than one PAN card, the Government of India may penalize them according to the law. Individuals are only allowed to have one PAN card, according to Section 139A of the Income Tax Act of 1961. Section 272B of the Income Tax Act empowers the Income Tax Officer to levy a penalty of INR 10,000 on any individual who has more than one PAN card.

If you lose your old PAN card or have multiple PANs, you must close the other PANs by writing a PAN card cancellation request letter to your local Income Tax Assessing Officer. If you are a firm that is no longer in operation, you must also close the PAN of that firm.

How to Surrender a PAN Card

You can surrender your other PAN numbers either online or offline, but the offline method is more efficient. You must write a request letter to your local income tax assessing officer to surrender or cancel your currently used PAN / PAN of the firm.

Format for PAN Card Cancellation Request Letter

A PAN surrender request letter should be written in formal language and include the dates, subject, address, and, most importantly, the reason for cancelling your PAN Card.

To,

The Income Tax Assessing Officer

The Income Tax Department

Office Name

Address

Subject: Request to Surrender my new PAN Card

Salutation

Body of the letter

Complimentary Closing

Signature

Sender’s Name

Sender’s Address

Sample PAN Card Cancellation Request Letters

Sample 1 – Request Letter for PAN Card Surrender for Individuals

To,

The Income Tax Assessing Officer

The Income Tax Department

XYZ Office

Dr SS Rao Marg, Parel

Mumbai

Subject: Request to Surrender my new PAN Card

Respected Sir/Madam,

My name is Ravi Vishwas Kumar and I am writing this request letter to surrender my PAN card bearing the number BE5782BVFB. The reason being I have been having issues with 2 PAN cards. I had my old PAN bearing no. AR6732FVS for a long time, but I thought I had lost it, so I applied for a new PAN. However, I recently discovered my old PAN card and would like to close my new PAN card and continue using the old PAN. I have cancelled my new PAN number with all services.

Please cancel my PAN card with the number BE5782BVFB. I will be eternally grateful for your kind gesture.

Thank you.

Yours faithfully,

Signature

Ravi Kumar

Flat 42, B.K.C Chawl

DN Nagar, Prabhadevi

Mumbai

Mobile: 963XXXXXX

Sample 2 – Request Letter for PAN Card Surrender for Business Firms

To,

The Income Tax Assessing Officer

The Income Tax Department

BMTC Building

Koramangala

Bangalore

Subject: Request to Surrender Cubiqs Business PAN Card

Respected Sir/Madam,

We the Cubiqs Business firm are holding a PAN card number BBPW56735E in the name of Cubiqs Business Pvt. Ltd. located at IT Park, Inner Road, Bangalore. We are requesting you to cancel our PAN bearing number BBPW56735E.

We had to close our business due to financial difficulties in COVID times. The shutdown was carried out in accordance with all legal procedures. We have already begun the process of closing the company, and our firm is no longer in operation. We would like to cancel the firm’s PAN.

In this letter, I’ve also included a copy of our PAN card. I shall be highly obliged to you.

Thank you.

Yours faithfully,

Signature

Sumit Pandey

Jeevan Society

Karmali Nagar, Bangalore

Mobile: 9734XXXXX

(Attach a copy of PAN card)

Explore More Sample Letters

Sample 3 – Request Letter for PAN Card Surrender after Death

To,

The Income Tax Assessing Officer

The Income Tax Department

XYZ Office

Delhi

Subject: Request to Surrender PAN Card for late Sri ABC

Respected Sir/Madam,

I am Amol Mishra, the legal heir of late Sri XYZ, and I am writing to request that the PAN of my deceased father, BAPE52725K, be cancelled. His IT returns have been filed up to the most recent fiscal year, and please find attached copies of ITR payment receipts, death certificate, and legal heir certificate.

Please cancel the PAN of late Sri XYZ bearing PAN number BAPE52725K. In this regard, I will be grateful to you.

Thank you.

Yours faithfully,

Signature

Amol Mishra

B/40, Sunshine Heights

MGM Road

Delhi

Mobile: 9048XXXXXX

Frequently Asked Questions

Q1. Can the PAN Card be cancelled online?

Answer. Yes, you can cancel your PAN Card online by going to the NSDL website.

Q2. How long will it take to surrender/cancel my PAN card?

Answer. 15 days from the date the request letter was submitted to the income tax office.

Q3. In what circumstances can a PAN card be cancelled?

Answer.

  • The Income Tax Department of India issued many PAN cards to taxpayers by mistake.
  • There are any mistakes on a person’s current PAN card.
  • If an assessee dies, their immediate family can file an appeal with the Income Tax Department to have their PAN cancelled.
  • If a corporation, firm, or partnership ceases operations, they can request that their PAN card be cancelled.
  • If your PAN card is lost, misplaced or stolen.
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