Circular no. 6/2024 dated 23.04.24- regarding consequences of PAN becoming inoperative-Income tax

In continuation of the Circular No. 3 of 2023, hereby specifies that for the transactions entered into upto 31.03.2024 and in cases where the PAN becomes operative (as a result of linkage with Aadhaar) on or before 31.05.2024 , there shall be no liability on the deductor /collector to deduct/ collect the tax under section 206AA/ 206CC, as the case maybe, and the deduction/ collection as mandated in other provisions of Chapter XVII-B or Chapter XVII-BB of the Act, shall be applicable.

Order u/s 119 of Income Tax 1961 dated 31.01.2024

Processing of returns of income validly filed electronically with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases -regd. F. No.225/132/2023/ITA-IIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Order under section 119 of the Income-tax Act, 1961 dated 31.01.2024 Subject: Processing of returns […]

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