How can we rectify this error. A Pvt ltd company mistakenly take pan as status firm.
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Quick Summary
If a private limited company has mistakenly applied for a PAN card under the status of a 'firm', the error can be rectified. The process involves surrendering the incorrectly obtained PAN and then applying for a fresh one. Fortunately, company PAN applications can now be completed online, streamlining the correction process.