FAQs
Categories
Sub-Categories
- (Q1.)From which Financial Year "Online Correction for PAN Correction" functionality is available?
- "Online Correction PAN Correction" functionality is available from Financial Year 2007-08 onwards.
- Yes, Digital Signature Certificate is mandatory. It should be registered on TRACES before making this correction.
- There is no limit for the number of PAN correction in a single request; however, Only 15 PANs can be corrected in a single window.
- Yes, Valid to Valid PAN correction can be done online but it is allowed only once.
- Yes, invalid to Valid PAN correction can be done online but it is allowed only twice
- In case of 24Q Annexure II, PAN correction is available from FY 2013-14 onwards
- Correction of one valid PAN to another valid PAN can be performed only once. If you have consumed all your attempts, you need to deposit short deduction default amount and file correction to close the defaults
- In case statement is not processed by TRACES, please file C1 (Personal Information) through Consolidate file then you will be able to proceed with online correction.
- This error occurs if the PAN of authorized person in profile section of the TRACES is different than the PAN mentioned in the Personal Information of the Statement. Deductor need to update the PAN in the Personal Information same as mentioned in the Profile section or vice versa.
