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.
Secretariat Meeting of the ITEF is scheduled
on 27th September, 2013 at 10.00 AM at Aayakar Bhawan, Chowranghee Square,
Kolkata, to discuss the following agenda.
1.
Discussion
on the final allocation proposal based on the decisions of the last Sect
Meeting held on 24th August, 2013 for implementation of the Cadre
Restructuring.
2.
Consideration
of the discussions/decisions of the Sub-Committees vis-a-vis our proposals with
regard to the yardsticks of allocation of posts, Merger of Directorates and
Recruitment Rules etc.
Source : itefcentralhq.org
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