Guidance Needed: Surrendering TAN/PAN

[Ramanathan Seshan]

Dear Experts,

Can someone guide me on the procedure for surrendering the TAN and PAN of a company that has merged/ company closed and strike off from ROC records? Specifically, I’d like to know:

• What is the step-by-step process for surrendering TAN and PAN after a merger?

• What is the eligibility or criteria for making this application?

• Which authority should the application be submitted to, and which form should be used?

• Is there a specific time frame within which the application must be filed?

• How long does it usually take to receive the surrender order or confirmation?

Regards,

S Ram

AI Summary

Surrender of PAN and TAN requires final tax returns, clearance of liabilities, and NSDL portal submission after company dissolution.
Surrender of a company's PAN and TAN is required after dissolution, merger, or ROC strike off once final income tax and final TDS returns are filed and all tax liabilities cleared. PAN surrender is made to the Income Tax Department via the NSDL e Gov PAN portal with supporting ROC closure evidence and final return; TAN cancellation is submitted via the NSDL TIN portal with ROC evidence and final TDS return. No statutory time limit is specified, but prompt submission and retention of acknowledgments are recommended.