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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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Message of ITEF Mumbai on Cadre Restructuring

ITEF, Mumbai published a message on the ITEF (CHQ) circular on Cadre Restructuring as under

"We reproduce below the circular issued by the ITEF (CHQ) on the cadre restructuring and terms of reference of 7th CPC. The CBDT Chairperson's message is a clear pointer to the deceit and treachery played out by the CBDT on the issue of cadre restructuring. We will have to react to this perfidy with all our united mite without caring for the revenue collection or
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time-barring assessments as no authority should do such a breach of trust after giving assurances after assurances of discussions on the issues.

G.S. ITEF, Mumbai.

CADRE RESTRUCTURING OF INCOME TAX DEPARTMENT.


According to the signing off message (Published in the website of IRS Officers) of the outgoing Chairperson, CBDT, the proposal of allocation of posts and other Recruitment Rules etc. have been approved by the CBDT and sent to the Finance Minister for approval. It is also mentioned that the CCAs have been directed to be ready for implementation. This is in contravention of the understanding reached between the ITEF and the Member (P & V) on 17.01.2014 that the Board will cause discussion with ITEF Representative again after finalisation of the proposal for allocation of posts and as such, a breach of trust."

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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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DA will be 100% w.e.f. January 2014

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