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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.

Railway Revenue Earnings up by 10.29 Per Cent During April - August 2013


The total approximate earnings of Indian Railways on originating basis during 1st April to 31st August 2013 were Rs. 54462.79 crore compared to Rs. 49382.94 crore during the same period last year, registering an increase of 10.29 per cent.

The total goods earnings have gone up from Rs. 34067.51 crore during 1st April – 31st August 2012 to Rs. 37085.96 crore during 1st April – 31st August 2013, registering an increase of 8.86 per cent.

The total passenger revenue earnings during 1st April – 31st August 2013 were Rs. 14758.00 crore compared to Rs. 13005.37 crore during the same period last year, registering an increase of 13.48 per cent.

The approximate revenue earnings from other coaching amounted to Rs. 1560.67 crore during April - August 2013 compared to Rs. 1261.35 crore during the same period last year, an increase of 23.73 per cent.


The total approximate numbers of passengers booked during 1st April– 31st August 2013 were 3533.86 million compared to 3566.83 million during the same period last year, showing a decrease of 0.92 per cent. In the suburban and non-suburban sectors, the numbers of passengers booked during April-August 2013 were 1883.14 million and 1650.72 million compared to 1840.18 million and 1726.55 million during the same period last year, showing an increase of 2.33 per cent and a decrease of 4.40 per cent respectively. 

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Source : Press Information Bureau


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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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