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.
As
scheduled, video conference held today and issue related to cadre restructuring
is discussed. The Chairman Shri R K Tiwari confirmed that for promotions the
CCIT, Principal CIT and CIT, the UPSC is requested to conduct the DPC soon. The
chairman also stated that data for the DPC is prepared in this regard. It is
also informed that Region-wise allocation, in detail, will be forwarded to all
CCAs by today evening by fax. It
is also informed that new offices in the districts should be finalised within
10 to 15 days. Jurisdictions and infrastructure matters will be finalised on
15th April.
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