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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.

ITEF upset with CBDT, announced for launch hour Demonstration

Today ITEF, Mumbai Circle decided for Massive Launch Hour Demonstration on 07.04.2014. ITEF, Mumbai Circle issued circular showing its resentment with act of CBDT on cadre restructuring matter:

Read the contents of aforesaid circular below:

We strongly denounce this attitude of the Board in not honouring its own promise of discussing the allocation of posts with the ITEF. It is indeed shameful that the CBDT has not even informed the ITEF about the criteria adopted for the allocation of posts. In the circumstances, the ITEF, Mumbai circle has taken the decision to hold a massive lunch-hour demonstration on 7.4.2014 in front of Aayakar Bhavan as first step in the direction of a prolonged struggle expected in the ensuing financial year of 2014.”"


Prior to the announcement of ITEF, Mumbai Circle, JCA, WB Region has already started the agitational action with immediate effect including :

1. Non-submission of statistical reports
2. Non-participation in Search & Survey cases
3. Launch hour demonstration on 07.04.2014
4. Dharna at all building from 08.04.2014 to 11.04.2014

Now the time is to watch as to whether CBDT takes interest on the demands of ITEF or not. 






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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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