If your PAN card is inactive, you can reactivate it. Or if you have two PAN cards, how to deactivate a PAN card? Scroll down for a thorough PAN card deactivation guide.
PAN card activation
If you failed to link Aadhaar to your PAN and cannot make certain financial transactions because your PAN card is inoperative. There is a way to reactivate an inoperative PAN card.
According to the Central Board of Direct Taxes (CBDT) notification, to link PAN with Aadhaar, one must pay Rs 1,000 using the E-filing site. After intimating the mandated authority of Aadhaar, the PAN can be made operative again in 30 days.
See this step-by-step guide.
How to verify PAN?
Visit incometax.gov.in/iec/foportal/ to file.
Find 'Verify Your PAN' under 'Quick Links' and click it.
Enter your PAN number, full name, date of birth, and cellphone number on the 'Verify Your PAN' page.
The verification page appears after clicking 'Continue'.
Enter your 6-digit mobile OTP and click 'Validate.'
Your PAN status will appear if the verification is successful. For active PANs, the notification will read, 'PAN is active, and the details are as per your PAN.'PAN activation
Visit incometax.gov.in/iec/foportal.
Visit ‘e-Pay Tax’ to link Aadhaar-PAN.
Pay Minor head 500 (Fee) and Major head 0021 (Income Tax (Other than Companies)) in one challan.
Select payment method
Your PAN number
The assessment year and address are required.
Enter the Captcha and click Proceed.
From linking, the PAN card will take 30 days to reactivate. Deactivating your PAN card
Income Tax Department issues a 10-digit alphanumeric Permanent Account Number (PAN). It is used for financial operations including submitting Income Tax Returns and as evidence of identity. Multiple PAN cards are illegal, and an individual, company, or business entity must surrender or cancel them. Multiple PAN cards might cause legal issues and problems with income tax assessments.
Here are PAN card deactivation steps:
NSDL's internet site allows PAN revocation and deactivation.
Select 'Correction in Existing PAN Data' under 'Application Type'.
Screen will display PAN cancelation form. Complete the form and list the cards you want to surrender.
Confirm by checking the box, entering the CAPTCHA, and clicking ‘Submit’.
Write down the 'Token Number' for future use.
Click ‘Continue with PAN Application Form’ without checking any boxes.
Submit the form and e-sign with Aadhaar.
Mention the PAN card you want to keep at the end.
Pay online and download the app for future use.Conclusion
To reactivate an inactive PAN card, spend Rs 1,000 using the E-filing portal. The prescribed body can reinstate the PAN within 30 days of Aadhaar’s notification. Visit incometax.gov.in/iec/foportal/ and click ‘Verify Your PAN’ to verify PAN validity. Your PAN, full name, date of birth, and cellphone number are required. Your PAN status will appear if successful.
Select ‘e-Pay Tax’ at incometax.gov.in/iec/foportal/ to activate the PAN. One challan should cover Minor head 500 (Fee) and Major head 0021 (Income Tax (Other than Companies)). Choose the payment method, enter your PAN number, assessment year, address, and Captcha code, then click Proceed.
PAN card deactivation is also feasible through the NSDL website. Select ‘Correction in Existing PAN Data’ under ‘Application Type’, fill out the form, and submit. To keep your PAN card, e-sign the form with Aadhaar and pay online.
