Permanent Account Number compliance grace: administrative deferral of penalty where prescribed PAN application is filed within extended period. Section 139A requires specified persons to apply for allotment of a Permanent Account Number in Form No.49-A under Rule 114 by the prescribed filing date; the Board directed that penal action under Section 272B shall not be initiated for default where the prescribed Form No.49-A is submitted by 31 July 1976, constituting an administrative deferral of enforcement for late applications within that extended period.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Permanent Account Number compliance grace: administrative deferral of penalty where prescribed PAN application is filed within extended period.
Section 139A requires specified persons to apply for allotment of a Permanent Account Number in Form No.49-A under Rule 114 by the prescribed filing date; the Board directed that penal action under Section 272B shall not be initiated for default where the prescribed Form No.49-A is submitted by 31 July 1976, constituting an administrative deferral of enforcement for late applications within that extended period.
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