Utility News Desk!!! PAN card also comes in the category of important documents like Aadhaar, because in its absence many of your works can come to a halt. In fact, you have to open a bank account, take a loan, conduct financial transactions, obtain a credit card, etc. In such a situation you will need PAN card. Not only this, PAN card is also an important document for other purposes like checking loan history. But have you ever wondered that if a PAN card holder dies, can his PAN card be used? Is it right or illegal to do so? Is there any rule regarding this? So let us know about it. You can know more about the rules related to PAN card…
If a person dies then you can avoid returning his PAN card immediately. This is because you can settle your finances with him first. Such as withdrawing money kept in the bank, using it for any policy etc.
What to do with the PAN card of a deceased person?
Actually, if a person has died due to some reason, then in such a situation the rule says that you should surrender or deactivate the PAN card of that person. This is being considered appropriate from security point of view.
You can return PAN card as follows:-
- If someone close to you or someone you know has passed away, then the PAN card of the deceased should be returned.
- For this you will have to write a letter to the Assessment Officer
- In the letter you have to state the reason why you are returning the PAN card.
- With this you will have to attach a copy of the death certificate.
- After this, the PAN card is returned after all the checks.
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