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PAN in queue? Don’t worry declare your income under IDS!!

Updated on: 08 Aug, 2023 12:36 PM

People who wish to declare income under Income Declaration Scheme but are not able to do so because of non-receipt of PAN can now file declaration manually before the jurisdictional Pr.Commissioner / Commissioner by quoting the date and acknowledgement number of PAN application form.

The declaration shall be held invalid in case PAN allotment could not be made due to non-compliance / non-furnishing of documents by the declarant.

CA Abhishek Soni
CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.