Skip to main content

Posts

Showing posts from June, 2014

New Income Tax Rules – Submission of false Aadhaar number may be fined Rs. 10,000

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.

ITEF's New circular on CR and VII CPC

ITEF issued a new circular on various issues. The contents of the circular is as under “Cadre Restructuring and filling up of posts. We hope by this time in all Circles the process of filling up of Additionally allotted posts of Cadre Restructuring including consequential vacancies for the RY 2013-14 in the cadres of Group B & C would have taken place. In any Charge, if this has not been completed or only partly done, the same may be intimated to the CHQ with reasons for the delay for taking up the matter with the Board for further necessary instructions. As informed in the CWC meeting held on 1st June, 2014, the RRs for all group B & C cadres have been finalized and submitted to the Secretary (Revenue) for approval. The same will be submitted to the Department of Personnel for its approval. The CHQ is pursuing the matter for its early clearance. The instructions for conducting the DPCs for the RY 2014-15 will be issued only after approval of the RR. In the event of d

Press Release about Government's plan to make six days a week working in the administrative offices of Central Government.

As per the press release of 14.06.2014 by Secretary (Staff Side), National Council (JCM) on the present whispering about reverting back to six days a week in place of the prevalent five days week working in the Administrative Office of the Central Government, It is stated that the issue was discussed by Shri Shiva Gopal Mishra, Secretary Staff Side, National Council (JCM) and General Secretary, All India Railwaymen's Federation, with the Cabinet Secretary on 13 th  June, 2014, and it was brought to his notice that five days a week working was introduced, way back in the year 1985 after prolonged deliberations at the National Council (JCM) level. Various aspects, including energy saving in the form of electricity and also Statutory Provision regarding working hours were kept in view. After discussion, Cabinet Secretary assured to Secretary Staff Side NC / JCM, Shri Shiva Gopal Mishra, that no such proposal is under consideration with the Government at present. View the

Mumbai and Gujarat Region issued promotion orders of Income Tax Officers

As many as 237 Inspectors are promoted in Mumbai Region. View the Promotion order of Mumbai Region here As regards to Gujarat Region, 56 inspectors (In Reviewed list) and 106 inspectors ( In supplementary list) are promoted to Income Tax Officers.