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Pan surrender

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 December 2015 Dear Sir,
A partnership firm has been dissolved on 30/11/15.
Suppose we surrender of Firm PAN now, then we can file firms online return next year for the ay 2016-17.

Please clarify.
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Trinadharao Adigarla

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Trinadharao Adigarla (Expert)
08 December 2015 After Filing of Income Tax Return Filing & Statutory returns filing & issues closed surrender of firm PAN
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CA CS Jainam Shah

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CA CS Jainam Shah (Expert)
08 December 2015 If you wish to cancel/ surrender your PAN (which you are currently using), then you need to visit your local Income Tax Assessing Officer with a request letter to cancel/ surrender your PAN.

He will complete all the assessment upto 30/11/2015 and after that your PAN will be cancelled. So, automatically officer will ask for furnishing your return of income.
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