is it possible to change name in partnership firm pan? if not can i apply new pan with proper name and can i take trasactions under previous pan for accounting and income tax purposes
Replies (5)
Quick Summary
This discussion explores the possibility of correcting a name on a partnership firm's PAN card. While direct name changes or corrections for significant discrepancies aren't typically allowed, minor adjustments like prefixes or suffixes might be possible. If a full correction is needed, applying for a new PAN with the accurate name is an option, though transactions won't automatically transfer. It's also confirmed that a partnership deed can be backdated after a PAN name change.
Mr. Rakesh whatever you hv enquired is not possible. previous pan correction is possible only prefix , suffixes.All transactions will not be automatically transferred.