Allotment of Permanent Account Number u/s 139-A. - Income Tax - 1054/CBDT

INSTRUCTION NO. 1054/CBDT Dated : April 18, 1977 Section(s) Referred: 139A ,114 Statute: Income - Tax Act, 1961 Reference is invited to Board's Instructions *No.955 dated 1.6.76 issued vid F.No.243/8/76-A PAC-II, on the above subject. 2. Under Section 139-A which was inserted by the Taxation Laws (Amendment) Act, 1975, with effect from 1st April, 1976, all persons specified in sub-sections (1) and (2) are required to apply to the Income-tax Officer for the allotment of a Permanent Account Number. Rule 114 of the Income Tax Rules, 1962 prescribes that the application for the allotment of a P.A.N. shall be made in Form No.49-A before the 31st May, 1976. Vide para 3 of Instruction No.955 dated 1.6.76 it was provided that no penal action u/s 272B should be initiated for default of the provisions of section 139-A if applications for allotment of permanent account numbers are made by 31st July, 1976. 3. However it has been brought to the notice of the Board that P.A.Ns. have not been allotted by the department and communicated to the applicants in a very large number of cases where applications have been received. The need for early allotment of Permanent Account Numbers and communication of the same to the applicants needs no emphasis. 4. In view of the foregoing, you are requested to ensure that permanent Account Numbers are allotted and communicated to the applicants latest by 31st May, 1977 in respect of all pending applications. A compliance report in this behalf may be sent to the Board immediately after 31st May, 1977.