Request for linking of large value transaction(s) to a valid Pan Issue of Standard Operating Procedure (SOP) For Handling Air Transactions Without Valid-Pan

Request for linking of large value transaction(s) to a valid Pan Issue of Standard Operating Procedure (SOP) For Handling Air Transactions Without Valid-Pan https://www.taxtmi.com/circulars?id=54670 The SOP requires identification of non PAN AIR high risk transaction clusters with unique Transaction Sequence Numbers and priority ratings P1-P3, dissemination of mapped data to Pr.CIT offices, and issuance of standardised letters. Transacting parties must use the e filing portal, locate transactions by TSN, confirm ownership to link the transaction to their PAN and submit an electronic response; P1 letters are sent centrally, P2/P3 by Pr.CITs. Failure to respond within 15 days may lead to proceedings under the Income Tax Act, and helpline support and dedicated campaign emails are provided. en-us Fri, 22 Jul 2016 00:00:00 +0530 Sat, 02 Aug 2025 12:08:00 +0530 TaxTMI RSS Generator Request for linking of large value transaction(s) to a valid Pan Issue of Standard Operating Procedure (SOP) For Handling Air Transactions Without Valid-Pan https://www.taxtmi.com/circulars?id=54670 The SOP requires identification of non PAN AIR high risk transaction clusters with unique Transaction Sequence Numbers and priority ratings P1-P3, dissemination of mapped data to Pr.CIT offices, and issuance of standardised letters. Transacting parties must use the e filing portal, locate transactions by TSN, confirm ownership to link the transaction to their PAN and submit an electronic response; P1 letters are sent centrally, P2/P3 by Pr.CITs. Failure to respond within 15 days may lead to proceedings under the Income Tax Act, and helpline support and dedicated campaign emails are provided. Circulars Income Tax Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54670