A PAN card also comes in the category of an important document like an Aadhaar, because in its absence, many of your works can get stuck. Whether you have to open a bank account, take a loan, do financial transactions, get a credit card, etc. In such a situation you need a PAN card. Not only this, a PAN card is also an important document for other purposes like viewing loan history. But have you ever wondered that if the 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's know about this. You can further know about the rules related to PAN cards…
Know this first
If a person dies, you can avoid returning his PAN card immediately. This is because first, you can settle your financial matters with it. Like- withdrawing the money kept in the bank, using it for any policy, etc.
What to do with the PAN card of a deceased person?
If there is a person who has passed away due to some reason, then in such a case the rule says that you should get the PAN card of that person surrendered or deactivated. This is considered correct from a security point of view.
You can return your PAN card like this:-
Step 1
If someone close to you or someone you know has passed away, then the PAN card of that deceased person should be returned.
For this, you have to write a letter to the Assessment Officer
Step 2
In the letter you have to state the reason why you are returning the PAN card.
Along with this, you have to attach a copy of the death certificate.
After this, after all the investigations are done, the PAN card is returned.
(PC: iStock)
