Documents required for ITR Filing AY 2026-27 Documents required for ITR Filing AY 2026-27 Before you start filing your ITR for the Assessment Year (AY) 2026-27 (Financial Year 2025-26), gather the following documents to ensure a smooth and accurate process. Video Explanation of Documetns required for ITR filing Core Identity & Tax Documents PAN and… Read More »
PAN Card New Rules 2026 Income Tax Rules 2026 from 1st April 2026 PAN Card New Rules 2026 Income Tax Rules 2026 from 1st April 2026 Under the Income Tax Rules 2026, the framework for the Permanent Account Number (PAN) has undergone a complete restructuring to simplify compliance, reduce friction, and improve tracking. Here are… Read More »
NEW INCOME TAX NOTICES 2025 ! File your Updated Return for A.Y.2022-23 ! ITR U NOTICES AND PENALTY File your Updated Return for A.Y.2022-23 These notices, specifically regarding filing ITR-U (Updated Income Tax Return) for Assessment Year (A.Y.) 2022-23 and the statement that “there is no valid ITR existing for your PAN,” are issued by… Read More »
Documents required to make NRI PAN operative in India 21-Jul-2023 “If any NRI’s PAN is still inoperative, he/she is requested to intimate his/her NRI status along with supporting documents to respective jurisdictional Assessing Officer. List of supporting documents required for making PAN operative for NRI’s is as under: A. Copy of PAN Card; and B. … Read More »
One PAN Allotted to Two Persons I CBDT Revised Instructions I CA Satbir Singh
Notification No. 75/2019 [F.No. 225/75/2019-ITA.II] : Extension of due date for linking of PAN with Aadhaar from 30.09.2019 to 31.12.2019 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART H, SECTION 3, SUB SECTION (ii)] Government of India Ministry of Finance Department of Revenue Central Board of Direct Download Click here
Section 272B after Amendment by Finance Bill 2019 w.e.f 01.09.2019 Penalty for failure to comply with the provisions of section 139A. 272B. (1) If a person fails to comply with the provisions of section 139A, the Assessing Officer may direct that such person shall pay, by way of penalty, a sum of ten thousand rupees. (2) If a… Read More »
Inter-changeability of PAN & Aadhaar and mandatory quoting in prescribed transactions. Existing sub-section (1) of section 139A of the Act, inter alia, provides that every person specified therein, who has not been allotted a PAN, shall apply to the Assessing Officer for allotment of PAN. It has been observed that in many cases persons entering… Read More »
Company Secretaries to declare PAN /Aadhaar while paying membership fees/ applying Fellowship Company Secretaries to declare PAN / Aadhaar (optional) while making online payment of annual membership fees /applying for ICSI Fellow membership Advisory for Members of ICSI Members would henceforth be required to declare their PAN (mandatory) and Aadhaar / UID Number (optional) at… Read More »
Due date for Linking PAN and Aadhaar has been extended from 31.03.2019 to 30.09.2019. It has also been clarified that with effect from 01.04.2019, it is mandatory to quote Adhaar number while filing the return of Income, unless assessee has specifically been exempted. Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes NOTIFICATION… Read More »