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Easiest Way To Correct Wrong PAN Card Information

7 May 2019

Every time we fill out information on any kind of important document, there is a hammering reminder in our heads that says, “do not make a mistake”. Especially when it comes to filling government-related documents. However, there are times where even after paying attention we end up making an error! But, what to do when it’s done?

In this article, we’ll discuss ways to rectify the errors filled in the PAN card application form. But before that, let’s understand more about this identity document.

What is a PAN Card?

PAN card is one of the most important documents, which is issued by the Income Tax department to either an individual or an entity. Every card is allotted a unique 10-digit alphanumeric number.

From making a personal/business purchase to filling IT Returns, from business loans to making an investment, it is one of the most requisite documents for financial transactions.

It was first introduced in the year 1972 to prevent tax evasion by individuals and entities. Because the card is linked to all the financial transactions made by a particular individual or entity, the Income Tax department gets to record detailed documentation of all major transactions that are further used for tax purposes.

What are the benefits and uses of PAN Card?

The foremost purpose of owning a PAN card is taxation. Every individual/entity, including foreign citizen/entity, who is earning within the taxable income window in India must own a PAN card.

It is a mandatory document required for the majority of legal transactions. If a person/entity has not linked the card with their bank account and has annual interest earnings of more than Rs. 10,000/- on savings deposits, then the bank is bound to deduct 30% TDS instead of 10%.

Few of the uses of PAN card are:

  • For purchase of vehicles (except for two-wheeled vehicles)
  • For issuance of a credit card
  • For cash payment above Rs 50,000
  • For loan application; be it for a small business loan or big business loan or big business
  • For opening a demat/investment account
  • For making payments to a Mutual Fund (above Rs 50,000) and to purchase its units

What are the common mistakes on PAN Card application form?

There are a few common mistakes that have been observed over the years, which have either resulted in the delayed issuance process or have had PAN card printed with the wrong information. Let’s take a look at them:       

  • Incorrect Signature
  • While filling the PAN card application, an applicant will be required to sign at two places – one will be across the pasted photograph and another at the space provided below.

    If the applicant signs anywhere outside the allotted spaces then it’ll be considered as an error, which can suspend the process.

  • Incorrect Name and DOB
  • Missing out on a letter or dates have been noticed as one of the most common mistakes. Also, a lot of people make an error of filling the name bracket with their initials, like  DS Chaudhary. However, the Income Tax department does not accept initials. Hence, it is always advised to use full names instead of initials.

    If you’re wondering how to correct name in PAN Card then we have the answer. You need to fill the correction application and submit that along with an identity proof.

  • Usage of Blue Ink
  • Government identity forms accept black ink but many make the mistake of using blue ink in the application form, especially for the signature. It is advised to follow the rules and sign using black ink only.

  • Scanned copies of photos
  • The PAN card application form requires two passport-sized photographs of the applicant. However, it has often been observed that the applicants attach scanned copies of their pictures. This is not accepted by the department as the scanned copies are unclear, making an applicant’s identification difficult. Hence, it’s advised to attach only original pictures in the form.

Above mentioned points are the most common mistakes that take place in an individual/entity’s PAN card. But, fret not because a PAN card correction is much easier than you think.

The process is quick and demands only a few minutes of your time. Let’s scroll through the ways of correction.

How To Correct PAN Card Mistakes?

There are basically two ways to amend incorrect information in the PAN Card application

  • Online
  • Offline

How Does Online Pan Card Correction Work?

All the correction-related fear that you might have takes a back seat when you figure out that the process can be done online with just a few steps.

We’ve listed down the process of correcting/updating PAN information in the application:

  • Visit the NSDL website and click on ‘Application Type’ and select ‘Changes or Correction in Existing PAN card’.
  • After filling all the details, a token number will be generated for your correction application request, which will be e-mailed to you on your registered email ID.
  • On the top of the page, you’ll need to check the ‘Submit scanned images through e-Sign’ option and under it fill in the PAN card details you want to get corrected/updated.
  • After filling all your details, click on ‘next’. You will then be required to upload documents verifying your age, address, and identity.
  • Ensure you preview all the changes before saving the new details.
  • You’ll now be required to proceed towards the payment. Debit cards, credit cards, net banking, and demand draft are a few payment options.

If your address is in India, you’ll need to pay Rs 110, and if elsewhere then the fee is Rs 1,020.

Online corrections for PAN card can also be done through the UTIITSL website. The process is similar to NSDL’s. You need to fill in the required details, make the necessary changes, and then make payment. You’ll then receive a receipt that can be used as a reference.

The updated PAN card will be sent to you by post at the address mentioned.

How Does Offline Correction Work?

If you wish to make the changes offline, the below-listed steps will help you out:

  1. Download the application form – either from NSDL or UTIITSL.
  2. Fill in the form with the required details.
  3. Once done, you will be required to submit it to the nearest NSDL collection centre.
  4. You also need to file a letter with the Jurisdictional Assessing Officer.
  5. After you submit the form, you’ll receive an acknowledgement slip from the department, which needs to be sent to the NSDL office within 15 days of filing the request.

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