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of <h1>Online TMS Launched for Processing 2015-16 Income Tax Returns; Addresses PAN Issues, Available Until March 31, 2017.</h1> The circular addresses the processing of income tax returns filed in the fiscal year 2015-16, which are at risk of becoming time-barred by March 31, 2017. It introduces the Online TMS functionality to process returns that face technical or non-technical issues. Two categories are outlined: Category 1 for genuine PAN issues, and Category 2 for invalid or incorrect PANs. Separate functionalities have been developed for each category, with specific procedures and limitations, such as no tax credits or refunds for Category 2. The functionality is available until March 31, 2017, and a helpdesk is provided for technical support.
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