Unlock All CCI Pro Plans at 15% OFF. Limited-Time Offer. Subscribe Now!

Need help in surrendering of partnership PAN card

481 views

Save Share

Join Us Follow Us Add as Source

Priyanka

HR Coordinator

21 Points Posted on 19 April 2022

Hi,

Me and my father started a partnership firm by signing a deed as 50-50 partners and we obtained a PAN card too. The firm did not take off and I got busy in my job. But I kept filing 'zero income' return for the firm as I was getting notification for the same. Now, my father passed away in 2017 and I still kept filing return as a good citizen.

Now, I have concerns. I want to dissolve the firm and surrender PAN card.

1. Did I do wrong by filing the return since 2017 even when my father was not alive? If so, what can be the consequences, and how can I correct it?

2. The PAN card assessing officer jurisdiction is in Delhi, while I am staying in Noida. Can I surrender is seamlessly from Noida itself, or I will have to go to Delhi Income Tax office for the same?

Replies (2)

Quick Summary

This discussion addresses the process of surrendering a partnership firm's PAN card after a partner's death. The user is seeking advice on whether filing zero-income returns since 2017 was incorrect and the potential consequences. They also want to know if the PAN card can be surrendered from Noida, despite the assessing officer's jurisdiction being in Delhi.