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Pan card surrender of partnership

prince verma (audit trainee) (124 Points)

04 August 2020

sir, what will be the procedure to surrender a pan card of partnership firm.. ?

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 04 August 2020

If a Company/ Firm/ Partnership is being shut down or dissolved, the PAN issued in the name of the entity has to be surrendered to the concerned authorities.
Step 1: Visit the official NSDL web portal.

Step 2: Click on Application Type. From the drop-down menu, click on the Changes or Correction in existing PAN Data/ Reprint of PAN Card (No changes in existing PAN Data) option.

Step 3: For Category, select the option of Company, Firm or Partnership and proceed with filling the Form online.

Step 4: In Form 49A, enter the PAN that has to be cancelled in Item 11 of the Form.

Step 5: Submit the completed Form and print out the acknowledgement. The user is required to send the same along with the necessary documents to the NSDL Office Address mentioned on the Form.

Step 6: Once the request has been processed, the user would receive a notification indicating the same.