Income Tax : Discover essentials of PAN (Permanent Account Number) issuance, structure, and changes. Learn about Form-49A and Form-49AA require...
Goods and Services Tax : A PAN card is mandatory for GST registration, tax filing, and TDS compliance in India. Learn how non-compliance can lead to penalt...
Income Tax : A PAN (Permanent Account Number) is a unique 10-character alphanumeric identifier issued by the Income Tax Department of India to ...
Income Tax : The Income Tax Department (ITD) is upgrading the existing PAN card systems in India through a new e-governance project called PAN ...
Income Tax : PAN 2.0 project aims to simplify services, improve security, and provide a unified platform for all PAN/TAN-related services, enha...
Income Tax : Taxpayers face TDS demands post Aadhaar-PAN linking despite compliance. Key issues include undue demands, lack of redressal, and r...
Income Tax : PAN 2.0 focuses on process upgrades for taxpayers with no mandatory new PAN card. Existing cards remain valid. Estimated cost: ₹...
Income Tax : The PAN 2.0 Project simplifies PAN/TAN management with a unified platform, paperless processes, and faster services. Approved by C...
Income Tax : Cabinet approves PAN 2.0 project to enhance taxpayer registration services through technology-driven transformation, improving ser...
Income Tax : Starting October 2024, Aadhaar Enrolment ID can no longer be used for PAN applications or income returns. Quoting Aadhaar numbers ...
Income Tax : Jammu & Kashmir High Court directs tax authorities to correct PAN errors in challans and release pending refund to Kashmir Tubes. ...
Income Tax : ITAT directs fresh examination in Ambasa Babansa Raibagi case due to PAN linking error, remitting the Rs. 25.66 lakh addition back...
Income Tax : Madras High Court directs approach to appellate authority for a bank attachment notice issued over PAN fraud, pending statutory ap...
Income Tax : ITAT Jodhpur rules that possession of transport vehicles is sufficient for Section 194C TDS exception, emphasizing the significanc...
Income Tax : Learn about Bombay High Court's Quashing of Reassessment notice by the Tax Department against a non-existent entity with an active...
Income Tax : Income Tax Circular 08/2024 exempts higher TDS/TCS rates if deductee/collectee dies before PAN-Aadhaar linkage, addressing taxpay...
SEBI : SEBI issues circular on restricting trading by Designated Persons (DPs) through PAN freezing at security level for the top 1,000 B...
SEBI : NSE has recently issued a circular clarifying the implementation of the Securities and Exchange Board of India’s (SEBI) regu...
Income Tax : Rule 114AAA of the Income-tax Rules, 1962 related to Manner of making permanent account number (PAN) inoperative is applicable fro...
Income Tax : Central Board of Direct Taxes (CBDT) has extended the last date to link Permanent Account Number (PAN) with Aadhaar to June 30, 20...
Madras High Court rules on SEBI penalty case, stating that incorrect PAN doesn’t exempt payment of interest. Legal analysis of the case provided.
Learn how to electronically file Form 10F for non-residents, even if they don’t have a PAN, to claim essential tax treaty benefits.
Learn about CBDT’s latest amendments exempting non-residents in IFSC-banking units from mandatory PAN quoting, enhancing ease of operation.
Read about ITAT Delhi’s directive to Assessing Officer to investigate TDS claims and PAN misuse in case of Legend Transport Solutions Pvt. Ltd. vs. ITO.
Calcutta HC examines the case of Tribeni Barters Pvt. Ltd., where the wrong PAN was quoted in a reassessment. Court orders presentation of relevant records.
If a person is eligible to obtain an Aadhar Card, it is mandatory to link it with the PAN card. Although, NRIs are not required to obtain an Aadhar and accordingly, not required to link their PAN with Aadhar, but the Income Tax Department has mandated that NRIs have to update the income tax portal on their residential status as ‘Non Residents’.
Stay updated on Income Tax for NRIs with inoperative PANs. Learn how to make your PAN operative and the supporting documents needed.
SEBI issues circular on restricting trading by Designated Persons (DPs) through PAN freezing at security level for the top 1,000 BSE companies based on market capitalization as of June 30, 2023
Stay informed about the importance of linking your PAN to Aadhaar to avoid legal complications and financial restrictions. Learn the process, understand the penalties for non-compliance, and check your status today
Explore the ITAT Mumbai decision in the case of Maneken Keshvalla Patel Vs NFAC, where the appeal was reinstated despite discrepancies in PAN cited by the Assessee and Assessing Officer. Uncover the intricate details of the case.