Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Legal Notice mandates that individuals with Permanent Account Number (PAN) allocated via Aadhaar Enrolment ID before October 1, 2024, must disclose their Aadhaar number to Income Tax (IT) Systems authorities by December 31, 2025. The notification, issued by MoF through CBDT under Section 139AA(2A) of Income Tax Act, establishes a compliance deadline for linking PAN with Aadhaar, providing a specific timeframe for taxpayers to update their identification documentation with designated IT administrative authorities.
Legal Notice mandates that individuals with Permanent Account Number (PAN) allocated via Aadhaar Enrolment ID before October 1, 2024, must disclose their Aadhaar number to Income Tax (IT) Systems authorities by December 31, 2025. The notification, issued by MoF through CBDT under Section 139AA(2A) of Income Tax Act, establishes a compliance deadline for linking PAN with Aadhaar, providing a specific timeframe for taxpayers to update their identification documentation with designated IT administrative authorities.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
