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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.
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Decisions taken in Joint Meeting of Central Trade unions

The Joint meeting of Central Trade Unions held on 8th July 2013 at BMS office, New Delhi has decided the following course of joint mobilization/agitations and activities

1.   National Convention of Trade Unions on 6th August 2013 at Mavalankar Hall, New Delhi

2.  State level and district level rallies/agitations/demonstrations/jail bharo etc during last week of September 2013

3.  March/demonstration before Parliament in the month of December during Parliament session.

4.  In various sectors like Coal, Telecom, Banks & Insurance, Transport, Power, Port & Dock etc, joint struggles/strikes are being planned/undertaken by the respective federations. All support should be extended to those struggles. Central Trade Unions should also jointly endeavour to develop sectoral struggles in various sectors. 

Dates and details of programmes in September and December will be finalized through joint consultation of Central Trade Unions and announced from the National Convention.


(M. Krishnan)
Secretary General

 Source : http://confederationhq.blogspot.in/
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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.
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