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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.

E-filed Income Tax Return accounts unauthorisedly accessed : Finance Ministry

Finance Ministry warned the E-filers of Income tax return as income tax online return accounts of certain people have been unauthorized accessed. Replying to an RTI query, the Ministry said a process of "multifunctional authentication" has been designed and will be in place shortly to address any illegal access to e-filers' accounts. It, however, said no instance of "hacking", which implies a breach of security whereby the hackers can obtain passwords by entering into the system, has happened or reported in the case of e-filing website.

"However, there have been instances when the authentication details of certain class of e-filers have been obtained by persons from sources other than the website and then the passwords were reset and the e-filing account accessed," the Ministry said.


To address the issue, a process of multifunctional authentication has been designed and shall be in place shortly. Details thereof cannot be provided due to security reasons, it said in reply to an RTI query filed by PTI. The Ministry was asked to give detail on hacking of income tax returns filing accounts of individuals and measures being taken by it to check such activities.

Source : The Economic Times

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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.