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.
It is learned that 1981 batch IRS officers are all set to be promoted from CsIT to CCsIT. File in this regard has gone for Finance Minister's approval on Dec 5. Orders are expected any point of time now. B. D. Gupta, an IRS officer of 1981 batch, would be the last on the chart of new CCsIT.
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Cadre Restructuring : Any updated from authentic sources regarding distribution of posts and Recruitment Rules is still awaited. However, it is expected that compilation of all the reports may be published on or before 31.12.2013.
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Cadre Restructuring : Any updated from authentic sources regarding distribution of posts and Recruitment Rules is still awaited. However, it is expected that compilation of all the reports may be published on or before 31.12.2013.
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