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Pan card surrender for p firm

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This query is : Resolved

CA Rinkal (Querist)

14 June 2014 Respected Sir/Madam....

As i know the procedure for surrender the PAN Number of Partnership Firm i.e. dissolution deed and apply to Income tax department but there is little bit confusion...

One of my client had get the PAN number, registered date 01/01/2012, till then his earlier consultant with whom my client is concern had not file any return and now the consultant is not in the contact of my client.

now client told me the story regarding this firm creation and good thing is that there is no transaction in the name of the said Partnership Firm.

now my question is...

what is the procedure for this kind of company surrender...???

do i need to file the return of income??

if yes then for ass. year 2012-13.. how is it possible???

thanks

Nikhil Kaushik

Nikhil Kaushik (Expert)

14 June 2014 you need to approach AO in the same manner. AO shall have the liberty to issue your return by issuing 142(1) notice. he can levy penalty also he wishes to.

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