Permanent Account number also known as a PAN is issued by the Income Tax Department in India. It's a 10 digit alphanumeric code which allows the Income Tax Department to track down all the transactions of an individual or an entity. It is mandatory to possess a permanent account number or a pan in order to file for income tax return or deposit a cash of more than rs 50000 or opening a bank account or obtaining a telephone connection etc.
Hence, it is very important for all individuals and entities to possess PAN cards in India. It is also possible that the individual or the entity wishes to change the name on the PAN card for reasons like marriage or misspelling or any other reasons. In this blog, we will discuss the procedure for PAN card name change in India.
There could be a number of reasons for a pan card name change. Some of the most common reasons for a pan card name change could be marriage, misspelt name, change of name, divorce or any other. The process for PAN card name change is quite simple and can be completed by filing a form for PAN card name change through the NSDL or TIN. The fee for a pan card name change is rs 105 and for a pan card to be mailed abroad, an additional fee of rs. 866 is applied.
The form of PAN card name change can be printed and completed online. The following points should be remembered while printing and submitting the request for a pan card name change:
Along with the application, the documents which need to be submitted in order to request a PAN card name change are listed below:
In this blog, we discussed in detail the PAN card name change process. We also discussed how to complete the PAN card name change form and the documents required for it in case of marriage or due to any other reason or order to any sort of misspelling.