Request to provide/update PAN details to avoid blocking of e-filing account by the Income-tax Department - ICAI
Listen to this Article
It has been informed by the Income Tax Department that the e-Filing account of the members, who have not provided their PAN details to the Institute but are using e-filing account with Income Tax Department, will be blocked by the Income Tax Authorities after April 30, 2017 in case the same is not updated.
Members holding COP who have not yet provided details are requested to provide their PAN details at the link http://appforms.icai.org/panupdate/index.html
II. Members whose name as per ICAI database is mismatching with PAN database
It has also been informed by Income Tax Department that due to mismatch in the name in the central database of ICAI and the PAN database, the e-filing account in all such cases will also be blocked by Income Tax Authorities. To avoid blocking on account of this discrepancy, members are requested to fill their details carefully in the form appearing on the aforesaid link indicating therein their complete name as mentioned in the PAN database (which can be checked on e-filing portal) and attach a scanned self-attested copy of the PAN Card alongwith one additional proof of the name as appearing in the PAN database.
It may be noted that despite making several requests earlier vide emails and Announcements by the ICAI, there are still many members who have not yet provided their PAN details in the central database of ICAI.
Since the Income Tax Department has been insisting time and again to update the PAN details of the members in practice, by way of this announcement, the last and final opportunity is being provided to the members in practice to provide/update their PAN details as early as possible but latest by 27th April, 2017, failing which it may kindly be noted that we are informed that the Income Tax Department will be blocking the e-filing account of those members whose PAN details are not available with ICAI and also of those members where there is a mismatch in the name which is appearing in the central database of ICAI and the PAN database.
(V. Sagar)
Secretary, ICAI
Dated: 19th April, 2017
Category : ICAI | Comments : 0 | Hits : 1189
The CA Institute has proceeded and notified its revised exam dates (announced on March 19) for the intermediate course examination and final examination despite a pending Supreme Court hearing slated for April 29 on postponement plea filed by some CA Students. An ICAI notification—gazetted on April 25 —showed that the intermediate course exams will be held on May 3, 5 & 9 (Group I) and May 11, 15 and 17 (Group II). The final exams are scheduled for May 2, 4 and 8 (Group ...
The Institute of Chartered Accountants of India (ICAI) has found gross negligence by edtech firm Byju's auditors, ICAI president Ranjeet Kumar Agarwal said on Wednesday. "Our inspection has found gross negligence on accounting practices by individual auditors of Byju's and accordingly we have recommended to the Financial Reporting Review Board (FRRB) to take punitive actions on auditors concerned," Agarwal told news agency PTI. Agarwal said, "The FRRB wil...
The Enforcement Directorate (ED) raided premises linked to Delhi Chief Minister Arvind Kejriwal’s personal secretary Bibhav Kumar, and Aam Aadmi Party (AAP) Rajya Sabha MP, Past President of ICAI Sh.ND Gupta in connection with a money laundering probe related to the Jal Board case. The central probe agency had last month arrested Jagdish Kumar Arora, the former chief engineer of the Delhi Jal Board. The probe agency claims that Arora awarded a contract worth Rs 38 crore to NKG Infrastru...
A bench of justice Bharav D Karia had observed that the activity of a CA includes that of accounting, auditing, refereeing, receivers, arbitrators and special commissioners as prescribed by the ICAI to be carried out on-premises and at places of managing partner may determine The Gujarat high court has ruled that a Chartered Accountancy (CA) firm should be classified as a professional establishment rather than a shop, commercial or retail entity and as a result, its employees are deemed ineli...
Notice Sent to Kumar Vishwas by Advocate (CA) Dr. Suneel Maggo for his Derogatory Remarks against Professionals (Chartered Accountants and Company Secretaries). We had discussed the matter with Advocate Suneel Maggo and the same has been uploaded on the youtube but on the pressure of Kumar Vishwas, Video has been removed 2 times. In his notice to Kumar Vishwas, He asked for Sorry to the Professional else Next Defemation Notice to Kumar Vishwas for his Derogatory Remarks against Chartered A...


Comments