Monday, January 10, 2022 • Güncelleme Tarihi :
An Amazing Guide To Activate/Deactivate A Pan Card.
PAN (Permanent Account Number) is a 10-digit alphanumeric code that contains all the taxable finance history of the cardholder. An individual can have only one PAN as per Income Tax laws. Income Tax Department has collected more than 11 lakhs
Duplicate and fake PAN cards have been deactivated. However, there may be instances where a genuine PAN was deactivated. In cases where you have lost your PAN card, it is possible to reactivate it. You will need to submit the required documents for your application to be processed again.
PAN Card Activation Process
If your PAN has been deactivated by the IT department. It will be difficult to do cash transactions of more than Rs. 50,000/- You will not be able to log in to the e-filing website or file ITR.
There are many other things that will become almost impossible for you to do once your PAN card is deactivated. You can activate the PAN card again by following the procedure given below:
- Write a letter to Assessing Officer (AO) to reactivate your deactivated card
- Submit an attested copy of the Deactivated PAN Card
- Fill indemnity bond in favor of Income Tax Department
- You can also submit the ITR filed using the deactivated PAN for the last three years
- Submit letters and documents to the regional income tax department office
- It takes around 15 days for reactivation of PAN card by Income Tax Department
How to deactivate pan card
If you have multiple PAN cards in your name or you are a foreigner who does not do financial transactions in India, then you can surrender the PAN and get it deactivated. You can deactivate it both online and offline. The online process is very easy and hassle-free. Deactivating your PAN online
Follow the below-mentioned methods for:
- Visit NSDL Portal for PAN Application
- Select “Changes or Correction in existing PAN Data” from the “Application Type” section
- Submit the application and note down the “Token Number”
- Continue to fill the form but do not select any tick box (Tick box is selected for making changes in PAN data)
- Now submit Aadhaar and e-sign it using Aadhaar (Optional)
- At the end of the form, enter the PAN you want to retain
- In the next section, give details of any or all of the PAN cards that you wish to surrender
- Now submit the application form and pay online using a Debit/Credit card or Netbanking
- You must download the submitted application for future reference
- If you fill the form using the paperless method, you will have to e-sign using Aadhaar OTP method
- If you wish to send the document to NSDL, take a printout of the application and send it to NSDL mentioning “Application for PAN Cancellation” on the envelope.
Reasons for deactivating PAN card
There can be various reasons for the deactivation of PAN cards. The Income Tax Department deactivates the PAN card due to the following reasons:
- Duplicate/Multiple PAN Cards – There are many instances where a person has more than one PAN card. Income Tax Department deactivates the additional PAN card assigned to an individual
- Fake (Fake) PAN Card – Income Tax Department deactivates those PAN cards from time to time
- Which are issued by the applicant on fake documents. Such cards contain a fake name, photograph, and signature of the cardholder
- PAN Card Deactivation for Foreigners – In the case of foreigners who do not want to continue with financial transactions in India, the Income Tax Department deactivates the PAN card.
- PAN Card Deactivation for Deceased – Income Tax Department deactivates the PAN of the deceased cardholders when their heirs or nominees file a formal application for deactivation along with a copy of the death certificate of the deceased.
How to check pan card status
You can check the activated status of your PAN card online or if it has been deactivated by the Income Tax Department. Follow these easy steps to check NSDL PAN card status:
- Visit the e-filing website of the Income Tax Department
- Click on “Verify your PAN Details”
- Fill in the required details like PAN, Full Name, Date of Birth, Status and click on the “Submit” button
- If your PAN is deactivated, then you can apply to activate the PAN card.
Why should the PAN card be deactivated?
People keep more than one PAN card and fake PAN card to avoid tax. To prevent such illegal activities, the government has made it mandatory to link PAN with Aadhaar.
At the same time, there are some cases where people are not aware of what to do if they lose their existing PAN card. They apply for a new PAN instead of getting a re-print of the existing PAN card. The cardholder should deactivate the additional PAN card so that all his financial records are covered under the same PAN.
If the PAN of the deceased is not deactivated, one can use it to do financial transactions and avoid applicable taxes. The Income Tax Department deactivates the PAN card of the deceased cardholders to prevent its misuse in any case.
How to prevent the deactivation of your PAN card
Income Tax Department does not deactivate PAN cards unnecessarily. However, some PAN cards have been deactivated by mistake.
can be. You can prevent the deactivation of your PAN by keeping a few things in mind:
- File your income tax return every year
- Link your PAN card with Aadhaar
- To check whether your card is activated or not, log on to the e-filing website from time to time.
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