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    <title>Partial modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per rule 114AAA of the Income-tax Rules, 1962</title>
    <link>https://www.taxtmi.com/circulars?id=67329</link>
    <description>The Board clarifies that where a PAN becomes operative following Aadhaar linkage within the prescribed remedial interval for transactions entered into up to the cutoff, deductors and collectors are not liable to apply higher withholding or collection rates; normal deduction and collection provisions of Chapter XVII-B and Chapter XVII-BB shall apply, thereby addressing demands raised for short-deduction or short-collection in such cases.</description>
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    <pubDate>Tue, 23 Apr 2024 00:00:00 +0530</pubDate>
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      <title>Partial modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per rule 114AAA of the Income-tax Rules, 1962</title>
      <link>https://www.taxtmi.com/circulars?id=67329</link>
      <description>The Board clarifies that where a PAN becomes operative following Aadhaar linkage within the prescribed remedial interval for transactions entered into up to the cutoff, deductors and collectors are not liable to apply higher withholding or collection rates; normal deduction and collection provisions of Chapter XVII-B and Chapter XVII-BB shall apply, thereby addressing demands raised for short-deduction or short-collection in such cases.</description>
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      <pubDate>Tue, 23 Apr 2024 00:00:00 +0530</pubDate>
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