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PAN deadline extended to August 31

NEW DELHI, July 1: The government has extended the last date for filing applications for the allotment of Permanent Account Numbers PAN to...

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NEW DELHI, July 1: The government has extended the last date for filing applications for the allotment of Permanent Account Numbers PAN to August 31, 1998.

Earlier, the last date for filing applications for PAN was June 30, 1998 for Income Tax payers in respect of assessment year 1997-98. The specified date was June 30 of the relevant assessment year for 1998-99 and onwards. The Finance Ministry has received a large number of representations from tax payers and tax professionals from various parts of the country for extending the last date June 30, 1998, seeking more time to complete the requisite application forms. Taking note of these representations, the Central Board of Direct Taxes CBDT has decided to further extend the last date to August 31, 1998.

Meanwhile, Prime Minister Atal Behari Vajpayee today promised to consider withdrawal of the proposed service tax on chartered accountants. 8220;Kindly show me the way in which service tax will remain intact but chartered accountants will be out ofit,8221; Vajpayee said.

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