Income Tax

IDS-2016 declarations without PAN-CBDT has asked officials to contact declarants to obtain PAN and issue Form-2 latest by 25-11-2016

IDS-2016 declarations without PAN-CBDT  has asked officials to contact declarants to obtain PAN and issue Form-2 latest by 25-11-2016

The relevant text of the DO is as under:

Dear Pr. Commissioners of Income-tax,

It has come to my notice that some declarations under IDS, 2016 received manually without PAN are still pending for issuance of Form -2 due to non-availability of PAN .

2. I also understand that Directorate of Systems have sent e-mail and SMS to the concerned officers to update PAN in Form-1 or to communicate the PAN application number to the Directorate for expediting PAN allotment in such cases.  Further, attempts have also been made by thee-filing team to telephonically contact the officers to sensitise about the urgency of this

3. Despite such efforts, I understand that several such cases are still pending and the relevant information has not been sent to the Directorate of Systems. In view of the approaching deadline for payment of first instalment under the IDS, 2016, please take all necessary steps, including contacting the declarant to obtain the PAN or ensuring that the declarant removes all deficiencies in the PAN application, so that allotment of PAN can be expedited. It is expected that issuance of Form-2 in all such cases, in accordance with instruction No.10 of 2016 dated 28.09.2016 is done by 25.11.2016.

Yours Sincerely,

(S. K. Sahai)
Member (L&C), CBDT

----------- Similar Posts: -----------
Share

Recent Posts

  • Income Tax

Jewellery purportedly received from grandparent under Will added as unexplained credits

Addition u/s 68 for jewellery purportedly received on death of grandparent under Will upheld. In a recent judgment, ITAT upheld…

1 day ago
  • bankruptcy

SC lays down tests to determine if a debt is financial debt or operational under IBC

Supreme Court lays down tests to determine whether a debt is a financial debt or an operational debt under IBC…

1 day ago
  • Income Tax

Commonality of directors of companies does not mean deposits received was bogus

Merely because directors of two companies were common not mean that deposits received was bogus and companies were shell companies…

2 days ago
  • ITAT

Application though named as rectification but if tax is not legitimate, it also touches merit: HC

Application though named as rectification but if tax imposed is not legitimate then it also touches upon the merit –…

2 days ago
  • Income Tax

Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of FMV

Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of current FMV to be further…

2 days ago
  • Income Tax

AO was directed to serve notice of hearing through physical mode upon assessee 

ITAT directed AO to serve notice of hearing both through electronic and physical mode upon the assessee  In a recent…

2 days ago