Hi,
The director of a company (dormaant one, but they want to revive now) did not update his PAN in DIN yet. As the time allowed to do it was until 30/04/2012, can he do it now by filing DIN4? will there be any penalties?
Thanks
Aboobacker (Accounts Manager) (55 Points)
11 May 2013Hi,
The director of a company (dormaant one, but they want to revive now) did not update his PAN in DIN yet. As the time allowed to do it was until 30/04/2012, can he do it now by filing DIN4? will there be any penalties?
Thanks
CA CMA CS Ram Pavan Kumar Melam
(CA)
(6980 Points)
Replied 21 May 2013
I hope time allowed is for deactivation after the due date. Hence, you may update PAN in DIN4.
Aboobacker
(Accounts Manager)
(55 Points)
Replied 21 May 2013
Dear Sir,
Sorry, I did not get exactly what you meat by "time allowed is for deactivation after due date".
Did you mean PAN updation in DIN is still allowed after the due date?
Many thanks for your response.
CA CMA CS Ram Pavan Kumar Melam
(CA)
(6980 Points)
Replied 24 May 2013
Infact DIN without PAN updation is active yet. Hence, you may update PAN in DIN4. I myself not tried after the due date, but it would work...pl try and update me.
Sumit Jaiswal
(Company Secretary)
(818 Points)
Replied 24 May 2013
Yes you can update PAN by filing DIN4. There will not be any penalty.