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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

Income Tax - F.NO.225/193/2016/ITA.II - Dated:- 22-7-2016 - LETTER [F.NO.225/193/2016/ITA.II], DATED 22-7-2016 Kindly refer to the above subject. Directorate of Systems has processed non-PAN AIR transactions which resulted in identification of around 7 lakh high risk transaction clusters having around 14 lakh non-PAN AIR transactions. These transactions have been assigned priority rating P1 to P3 (P1 being the highest priority) and each non-PAN AIR transaction has been assigned a unique Transact .....

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ronically. The template for letter to be written to the transacting party has also been prepared which is enclosed as Annexure. The letter intends to communicate the details of transactions in the cluster to the transacting party requesting them to submit online response. 4. The non-PAN AIR data may be handled as per the following procedure: i. Data file shared by Systems should be downloaded by Pr.CsIT and CIT (Admn. & TPS). Email may be sent to efe.support@incometax.gov.in in case assistan .....

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, Chennai - campaign.chennai@incometax.gov.in) for responding to queries in this regard. This dedicated email should be mentioned in the letter template. 5. Appropriate briefing for the press and media may be provided to create awareness about the exercise and it should be emphasized that the transacting party will not be required to visit Income tax office but only submit response on the e-filing portal. 6. This SOP may be brought to the notice of all Pr.CsIT and other field offices for necessa .....

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to you under the Annual Information Return (AIR) without a valid PAN. The list of such transactions is provided overleaf. 2. You are requested to submit the online response as under: i. Login to e-filing portal at https://incometaxindiaefiling.gov.in. If you are not registered with the e-filing portal, use the 'Register Yourself' link to register. ii. Click on "Non-PAN Transaction" link under "Quick links" or "Compliance" section and search using the Transac .....

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