How to check the validity of the PAN card? Know step by step 

Everything has a validity date. Whether it’s people or things. Similarly, PAN card to Aadhaar card also have a specific validity date. However, in today’s article, the validity date of PAN card will be discussed. Right now The Permanent Account Number (PAN) card plays a crucial role in various financial transactions. It is essential for opening a bank account, filing income tax returns (ITR), and completing the Know Your Customer (KYC) process. 

Furthermore, it acts as a significant form of identity verification. Under Section 139A of the Income Tax Act of 1961, individuals are permitted to possess only one PAN card. Are you aware of the procedures for canceling the card in the event of the cardholder’s demise?

Key aspects of the PAN card

The PAN card is instrumental in assessing an individual’s financial standing. Taxpayers can link their PAN by making a payment of 1,000 rupees on the official income tax department website. The 10-digit PAN remains constant, although updates to the address and signature can be made. Holding more than one PAN card is against Section 139A of the Income Tax Act, 1961, and may result in a penalty of 10,000 rupees.

How to verify the card’s validity?

To check the validity of your PAN card, visit the e-filing website of the Income Tax Department at https://www.incometax.gov.in/iec/foportal/. Select the option for PAN verification, then input your PAN number, name, date of birth, and phone number. A new page will appear where you must enter the OTP. After this, click on the validity option. If your PAN card is valid, it will display ‘PAN Active’.

How to cancel a PAN card?

While the PAN card is valid for a lifetime, it can be canceled following the cardholder’s death. To initiate the cancellation, you must apply for a PAN change on the income tax department’s website. Complete the form with the PAN details and submit it. Subsequently, you will need to provide a slip at the NSDL office. Alternatively, you can consult with the nearest income tax officer regarding your situation. Finally, surrender the PAN card and notify all institutions where the PAN is utilized, including banks.