CBDT

Central Board of Direct Taxes28 days ago1 min read

Partial Modification of Circular No. 3 of 2023

Circular No. 9/2025 modifies certain provisions related to the consequences of PAN inoperability under Rule 114AAA, clarifying specific cases where transactions will not be impacted.

Key points

Clarification on specific cases of non-impact

Impact analysis

This primarily affects individuals whose PAN has become inoperative and need guidance on transactional impacts.

Who should care

Individuals with inoperative PAN · Financial Institutions

Affected industries

Finance

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