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CBDT has provided some relief to taxpayers and businesses who have been served tax demand notices for TDS or TCS at normal rates from payees whose PANs had become inoperative for want of Aadhaar linkage.
CBDT issued Circular No. 09/2025 dated 21.07.2025 to partially modify Circular No. 3 of 2023 date 28.03.2023 regarding consequences of PAN becoming inoperative as per Rule 114AAA of the Income-tax Rules, 1962.
The Central Board of Direct Taxes (CBDT) has issued a fresh circular modifying earlier guidelines on the consequences of Permanent Account Number (PAN) becoming inoperative under Rule 114AAA of the Income-tax Rules, 1962. The move provides relief to tax deductors and collectors facing notices for short deduction or collection of TDS/TCS.
F. No. 370142/14/2022-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes …… Dated 28.03.2023 Sub: Consequences of PAN becoming inoperative as per the newly substituted rule 114AAA – reg. Consequent to the notification substituting…