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Tax Compliance Closure

Deactivate Your Duplicate or Unused PAN
and Ensure Tax Compliance.

Holding multiple PANs is illegal and can lead to a ₹10,000 penalty. Formally surrendering a duplicate or unused PAN (from a closed business) is essential to maintain a clean record with the Income Tax Department and avoid legal issues.

Surrender My PAN
Avoid ₹10,000 Penalty Correct Your Tax Records Guided, Compliant Process
Our Simple Roadmap

Our 6-Step PAN Surrender Process

A clear, step-by-step approach to ensure your PAN is deactivated correctly.

1

Identify PANs

We help you identify the duplicate PAN to be surrendered and the primary PAN to be retained.

2

Clear Tax Dues

We verify that no outstanding tax liabilities or pending proceedings are linked to the PAN you wish to surrender.

3

Draft Application

We draft a formal letter to your Jurisdictional Assessing Officer (AO) explaining the reason for surrender.

4

Fill Correction Form

We fill out Form 49A for PAN correction, clearly mentioning the PAN to be cancelled in the application.

5

Submit to AO

We submit the complete application set, including the letter and form, to the relevant Income Tax office.

6

Get Acknowledgment

We provide you with the stamped acknowledgment from the AO's office as proof of your surrender application.

The Reality

Strategic Edge vs. Operational Realities

Understanding why PAN surrender is a critical compliance activity.

Strategic Edge

Surrendering a duplicate/unused PAN is a proactive step towards clean financial hygiene.

  • Avoids Heavy Penalty: Proactively avoid the ₹10,000 penalty mandated under Section 272B of the Income Tax Act for holding multiple PANs.
  • Streamlines Tax Profile: Consolidates your entire financial and tax history under a single, correct PAN, preventing future confusion or scrutiny.
  • Enables Clean Business Closure: For defunct entities, surrendering the PAN is the final, crucial step to formally sever all ties and prevent potential misuse.

Operational Realities

The process is mandatory and requires careful execution.

  • It is a Legal Requirement: It's not optional. Holding more than one PAN is illegal, and the Income Tax Department can auto-detect duplicates and initiate proceedings.
  • A Manual Submission Process: The application must be physically submitted to the specific Assessing Officer who has jurisdiction over your PAN. It is not a fully online procedure.
  • Requires No Pending Issues: You cannot surrender a PAN if there are any open tax proceedings, outstanding demands, or pending refunds linked to it. All such matters must be resolved first.
Rectify Your Record

Rectify Your PAN Record, Permanently.

Don't let a duplicate or unused PAN cause legal and financial problems down the line. Our guided service ensures your extra PAN is surrendered correctly, protecting you from penalties and simplifying your tax profile.

Avoid ₹10,000
Penalty

Guided
Process

Clean Tax
Record

Take the right step towards tax compliance today.

Fill the form to start your PAN surrender process immediately!

Questions Answered

Frequently Asked Questions

Key information on PAN Surrender

As per Section 139A of the Income Tax Act, a person can hold only one Permanent Account Number (PAN). Holding more than one is illegal and attracts a penalty of ₹10,000 under Section 272B of the Act.

You can find your AO's details by logging into your account on the Income Tax e-filing portal. The information is usually available under 'My Profile' or a similar section. We can assist you in finding this information.

After a few weeks of submission, you can check the status on the Income Tax Department's 'Verify Your PAN' service. An active PAN will show details, whereas a deactivated or deleted PAN will typically show an error message like "No record found for the given PAN".

Yes. After filing the final income tax return on behalf of the deceased and settling all tax matters, the legal heir can submit a surrender application to the deceased's Assessing Officer. A copy of the death certificate is a mandatory attachment.

Yes, it is a crucial final step. Once the company is officially dissolved by the Registrar of Companies, you must apply to the Income Tax Department to surrender the company's PAN and formally close its tax file.

The Assessing Officer will review your application and documents. If they are satisfied that all dues are clear and the reason for surrender is valid, they will initiate the process to deactivate the PAN in the Income Tax Department's central database. You must keep the acknowledgment copy as proof of your application.