Permanent Account Number, or PAN, is a unique 10-digit alphanumeric number that is given to individuals, companies, firms, trusts, and limited liability partnerships (LLPs) so that they can file income tax returns. The Income Tax Department of India gives out PAN cards, which are needed to do things like open a bank account, file income tax returns, and invest. If the PAN card has any mistakes, they must be fixed so that all the information is correct and up-to-date.
You can make a change to your PAN card online or in person. The process of making changes is simple and can be done in a few steps. Keep reading this blog to find out where to find the PAN Card Correction Form, how to check the status of the PAN Card Correction Form, and how to apply for the PAN Card Correction Form both online and offline.
What Is the Process for Applying for a PAN Card Correction Form Online?
National Securities Depository Limited (NSDL) lets people change or update the information on their PAN Cards online. To fill out the PAN card correction form online, follow the steps below:
Step 1: Visit the official NSDL E-Governance portal.
Step 2: Navigate to the ‘Services’ section at the top of the homepage and select the ‘PAN’ option.
Step 3: You will get redirected to another page encapsulating everything associated with the PAN card.
Step 4: Scroll down to the ‘Change/Correction in PAN Data’ section. Click on ‘Apply.’
Step 4: You will be directed to the different webpage where you have to fill out the correction form. Choose “Changes or Correction” under the ‘Application Type.’
Step 5: Choose the appropriate ‘Category’ from the drop-down menu. For instance, select ‘Individual’ from the list if your PAN contains your name. However, choose’ Company’ from the menu if your company’s name is registered on the card.
Step 6: Furnish the applicant details, such as your name, contact number, email address, DOB, PAN number, etc.
Step 7: Check the consent box, enter the Captcha Code and click on ‘Submit’.
Step 8: Once you have submitted your application, NSDL will register your request and send a Token Number to your registered email address.
Step 9: The page suggests three options for document submission. Choose the “Submit scanned images through e-Sign on NSDL e-gov” option.
Step 10: Furnish all the required details, including your father’s name, your mother’s name (optional) and your Aadhaar Number. Click on ‘Next.’
Step 11: The website will redirect you to a new web page where you can update your address.
Step 12: Upload all the mandatory documents like proof of identity, proof of address, proof of age, and PAN.
Step 13: Sign the declaration and click on the ‘Submit’ button.
Step 14: You will be redirected to the payment page upon submission. You can pay through different modes, including Net banking, Demand Draft, Debit or Credit Card.
Step 15: The website will generate the acknowledgement slip once you complete the payment.
Step 16: Take an envelope and mention the ‘Application for PAN Change’ and the acknowledgement number on top of it. Put all the physical documents along with the acknowledgement slip and send this envelope to the NSDL e-gov office.
How Can You Download the PAN Card Correction Form?
You can get the form to change your PAN card online by going to the Income Tax Department’s official website (www.incometaxindia.gov.in). Go to the “Downloads” section of the site and click on “Forms.” You can see a list of all the forms you can download. To get the PAN Card Correction Form, click on “Form 49A – Application for Allotment of Permanent Account Number.”
After filling it out, you can send it to the nearest NSDL (National Securities Depository Limited) collection centre.
The NSDL portal lets you download e-PAN, which is separated into two types: PAN cards issued in the last 30 days and PAN cards issued more than 30 days ago.
Importance of PAN Card Correction
The process of making a PAN card correction is to change the information on an existing PAN card. This could be because your name, address, date of birth, or something else has changed. People can make changes to their PAN cards online or in person, depending on their needs. Online PAN card correction can be done on the official NSDL website, and offline PAN card correction can be done by going to a PAN card centre.
What are the Documents Required for PAN Card Correction?
The following documents are required for PAN card correction:
- A copy of your PAN card
- Identity proof such as an Aadhaar card, driving licence, or passport
- Address proof such as a bank statement, electricity bill, or ration card
- An affidavit or declaration as per Form No. 60/61
- Any other documents as specified by the Income Tax Department of India.
However, the documents required for the PAN card correction vary for different applicants and are mentioned below:
For Indian Citizens and Hindu Undivided Families (HUF)
If you are an individual or belong to HUF (Hindu Undivided Family), you must prepare the following documents beforehand to put forward hassle-free PAN Card Correction.
- Valid Ration Card incorporating cardholder’s photo.
- Arm’s licence (if needed).
- Any photo ID card issued by Government officials (Central or State Government)
- PPO Certificate or Pension Card.
- Passbook issued by the Post office incorporating residence address.
- Updated Property Tax Assessment Order.
- House allocation letter furnished by the State/ Central Government.
- Domicile certificate issued by the State Government.
- Certificate of Property Registration.
- Utility bills including electricity bill, phone bill, etc.
- Bank and Credit Card statements(latest).
Documents Associated to DOB:
- Birth Certificate issued by the hospital.
- Photo ID card furnished by the State/ Central Government.
- Health Scheme Card containing photographs.
- PPO Certificate.
Documents Required For Foreign Citizens
As a foreign citizen to perform PAN card correction, prepare the listed documents beforehand:
- Valid Passport
- Card validating you as a Person of Indian Origin.
- Card validating you as an Overseas Citizen of India.
- Document enlisting your Citizenship Identification Number.
- A tax identification number validated by the Apostille/ the Indian embassy/ the Indian Consulate.
- Bank Statements provided by the officials from the resident country.
- NRE bank account statement.
- Certificate pertaining to you as an Indian resident.
- Documents provided by the employer, including work visa, appointment letters, etc.
What are the Advantages of PAN Card Correction?
PAN card correction is helpful because it helps keep the information on the card and in linked databases up to date. Here are some things that are easier when the information on the PAN card is correct and up to date.
- Track your tax payments: PAN card correction helps to track all the tax payments made by you, as the PAN card is linked to your bank account, which makes it easier to maintain a record of all your tax payments.
- Easier to obtain loans: If you wish to take a loan from any bank, you must submit your PAN card. Therefore, it is essential to ensure that the details on your PAN card are correct. With PAN card correction, you can easily make any changes to the details and obtain your loan quickly.
- Helps to identify you: PAN card correction helps to ensure that the details on your PAN card are correct and updated. It enables the authorities to identify you, as all the details mentioned on your PAN card are unique and cannot be replicated.
- Easier to open a bank account: A PAN card with the correct details is essential if you wish to open a bank account. You can easily open a new bank account without any hassle by getting your PAN card corrected.
What are the Processing Fees For the PAN Card Correction?
To get a PAN card correction, a person must pay the fees and charges that go along with it. The related fees are INR 96, which includes any taxes that may be due. The person who has the card can pay the fees with a DD (Demand Draft), a check, or a credit card.
But if the cardholder wants to pay the fees with a demand draught, it should be made out to Mumbai. Don’t forget to put your name and the confirmation number on the package (reverse side).
How Can You Check the PAN Card Correction Form Status?
Follow these steps to see if your new information has been changed or added to your PAN Card:
Step 1: Visit the official NSDL portal.
Step 2: A new page will open. Choose the application type from the drop-down menu as ‘PAN New/ Change Request.’
Step 3: Enter the acknowledgement number along with the Captcha Code. Then, click on the ‘Submit’ button.
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If you need to change your name or address for a certain reason, you must get your PAN Card updated. PAN is one of the required documents when you file your ITR and when you buy or sell something big. So, it’s important to make sure it has the right information.