As it is well known that the income tax department has allowed Aadhaar card holders to use the biometric id number in lieu of the Permanent Account Number (PAN). But as per new provision of Income Tax, fine of Rs. 10,000 may be levied in case of wrong Aadhar Number. As per the latest amendments in the Finance Bill 2019, not only allowed people to use Aadhaar in lieu of PAN but also introduced a penalty for giving a false Aadhaar number. However, the new penalty rules are applicable only in cases where you are using Aadhaar in lieu of PAN and where quoting PAN is mandatory according to the income tax department rules. It is well known that although Aadhaar is issued by the Unique Identity Authority of India, yet the fine is not imposed by UIDAI but by the income tax department. Under Section 272B of the Income Tax Act, 1961, the department can impose a penalty in case of default in complying with provisions relating to PAN, i.e., failure to obtain, quote, or authenticate PAN.
Latest
update on cadre restructuring in CBEC - news has been received from Sri
Debobroto Mondal, Organising Secy., AICEIA, WB Circle, who is now in Delhi,
that the file containing cadre restructuring proposal is awaiting COS's meeting
which is likely to be held on 7th of August '13. Once it is passed by the COS,
it would go to the Cabinet for approval and then to the Implementation Cell for implementation. Apprehension is there about the role of DOPT in the proposed meeting.
it would go to the Cabinet for approval and then to the Implementation Cell for implementation. Apprehension is there about the role of DOPT in the proposed meeting.
It
is further gathered that the Income Tax Staff side 'ITGOA' & 'ITEF' are in
Delhi and they are planning to protest against the restructuring in the CBDT
which is in the process for implementation.
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