• How to surrender PAN for partnership Firm?

hello,

Please explain the complete online process to surrender the PAN for partnership firm? I could not see any option any where in PAN website?

thanks
Jay
Asked 7 years ago in Income Tax

You have to give dissolution deed along with covering letter and pan card photocopy yo yo concerned AO

Vidya Jain
CA, Kolkata
1010 Answers
58 Consultations

4.8 on 5.0

Hi Jay,

You can not surrender the PAN online. You have to write to your Assessing officer for surrendering the PAN mentioning the reasons for the same and realted documents

Please feel free to call/revert in case of any doubts

Thanks and Regards

Abhishek Dugar

CA CS B.Com

Abhishek Dugar
CA, Mumbai
3576 Answers
183 Consultations

4.8 on 5.0

If you want we can draft deed of dissolution and can assist you in detail

Vidya Jain
CA, Kolkata
1010 Answers
58 Consultations

4.8 on 5.0

Jay, if your have disolved the firm then it could be dissolution deed along with the copy of PAN.

For stamp duty and related issues, our legal advisor can help you. I am sorry I am not expert in legal matters. I only deal in taxation related matters.

Thanks and Regards

Abhishek Dugar

CA CS B.Com

Abhishek Dugar
CA, Mumbai
3576 Answers
183 Consultations

4.8 on 5.0

You need to submit physical copy of covering letter along with the original PAN & Partnership surrender letter to your Assessing Officer (Can be seen from incometax indiaefiling website)

Vishrut Rajesh Shah
CA, Ahmedabad
928 Answers
39 Consultations

5.0 on 5.0

Hello Sir,

You can find your AO from the Income Tax website.

The dissolution deed should preferably be on a stamp paper.

Hello Sir,

It appears that the rest of your query is resolved and hence I am answering only the latest one. Please feel free to get back if any of your query has been left unattended.

Yes, the sale proceeds can be used to prepay the housing loan but be sure that the banker does not charge you a Pre-payment charge.

Trust this clarifies your query.

Feel free to call / get back in case of further clarifications.

Thanking You.

Regards,

Rohit R Sharma

BCOM, ACA, LLB-GEN, CERT. FAFP

Rohit R Sharma
CA, Mumbai
2104 Answers
95 Consultations

5.0 on 5.0

Hi Jay,

You can check your AO online. It is advisable to prepare the Dissolution deed on a stamp paper and register it.

Regards

Keerthiga Padmanabhan

M.Com, CA, LLB

Keerthiga Padmanabhan
CA, Greater Mumbai
784 Answers
27 Consultations

5.0 on 5.0

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