Income Tax Declaration Scheme - No need of PAN

By Vijay Kumar

THE Income Declaration Scheme, 2016 came into effect from 1st June, 2016 and is to close tomorrow.

Can an assessee who does not have a PAN file declaration under the Scheme?

CBDT has decided that in such cases a declaration under the Scheme can be filed manually before the jurisdictional Pr.Commissioner/Commissioner by quoting the date and acknowledgment number of PAN application form. The Pr.Commissioners/Commissioners are directed to accept such declarations.

However, the jurisdictional Pr.Commissioner/Commissioner shall issue Form-2 only after the allotment of PAN to the declarant.

CBDT Instruction No. 10/2016., Dated: September 28 2016