How to Change Signature in RWA

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This query is : Resolved

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This discussion addresses how to update the signatory details on an RWA's PAN card when there's a change in the Managing Committee, such as a new President. While initially unclear, it's confirmed that a correction is needed if the RWA also needs to change its address. The process involves filing a correction form signed by the new signatory, and no further clarification is typically required from the Income Tax Department.

Pardeep Kapil

Pardeep Kapil (Querist)
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09 September 2022 DEAR SIRS : Due to fresh elections there is a change in Managing Committee. President Mr. XYZ was signatory at time of application of New Pan card.. My query is (1) Should we change the name and address and signature with new President under Correction in pan card. (2) If yes, than what is the procedure... Kindly guide me. Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 September 2022 No need for correction in the PAN card.
It's a PAN card for RWA.

Pardeep Kapil

Pardeep Kapil (Querist)
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09 September 2022 Dear Sir : RWA wants to change address as well... We will file the correction in PAN form which will be signed by "NEW SIGNATORY".... Wont there be any clarification by income tax department... Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 September 2022 No clarification by income tax department.

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