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Can I change the status in PAN?

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Audit Assistant
21 Points Posted on 23 November 2019

The PAN I got for the LLP is of Company status. Can I change the status from company to LLP through PAN correction form or do I need to surrender the PAN and apply for a new one? 

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On 23 November 2019 at 18:49 Report
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17264 Points Posted on 23 November 2019
Apply for a new one as there will be change in the fourth alphabet of current PAN card
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On 23 November 2019 at 20:33
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Chartered Accountant
12739 Points Posted on 23 November 2019

surrender and apply for new 

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On 23 November 2019 at 20:54
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12244 Points Posted on 24 November 2019
Pan cannot be surrendered in normal course for that you need to submit requisite documents . so better apply for pan correction that will be easy. or else you can obtain fresh pan and after that apply before your jurisdictional AO to deactivate the pan with company status
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On 24 November 2019 at 00:05

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