Processing of returns filed in F.Y. 2015-16 getting time barred on 31.03.2017 on Online TMS in ITD Application – regarding

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....2017 Subject : Processing of returns filed in F.Y. 2015-16 getting time barred on 31.03.2017 on Online TMS in ITD Application - regarding. As you are aware that returns furnished by the assessees during the FY 2015-16 are pending for processing under section 143(1) and the limitation date for the same is 31-3-2017. In this regard, to facilitate the processing of returns which are otherwise not p....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....PAN issued to two different entities OR someone filing a return quoting the PAN of original holder and this wrong return is processed first in AST/CPC/TMS , therefore the System will not allow processing of original PAN holder. (v) Any other contingency in AST not allowing the processing of such return even with valid PAN. 2. In order to facilitate the processing of cases falling in category 1 a....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....m. (iii) The AO having return of Income can process returns till the command for integration of this data to AST is given by the jurisdictional A.O. Once data has been integrated with AST, all future actions can be performed by the A.O. having PAN jurisdiction. (iv) As the cases are having a genuine PAN, therefore, credits of taxes will be given online through system. (v) The cases can be proce....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....on the reason which compelled him to use this facility. It is presumed that the AO has initiated the communication with Assessee for obtaining correct PAN or getting the PAN data corrected through NSDL/UTIISL. However, it is pertinent to mention that no refund will be allowed to be issued in these cases as they do not have valid PANs. The path for the same is AST → TMS → Online TMS-Cate....