PAN Stands for Permanent Account Number and TAN stand for Tax Deduction and Collection Number. Requirement to surrender PAN or TAN arises in the below circumstances:
Individual/Proprietor:
Partnership Firm/Company
The application can’t be withdrawn by our self, it can be rejected by the department/officer.
PAN and TAN are two different things for the asseseee in all scenario. Therefore, an assessee needs to make a separate application for cancellation of TAN.
Spice stands for Simplified Proforma for Incorporating Company Electronically. It is the mechanism to promote the Ease of Doing Business via simplifying the procedure of formation of company.
No, in such case you need to fill the application for change/amendment and the PAN number shall be same.
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