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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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Updated Status of Cadre Restructuring of CBEC : Notification may be issued within one week

As per the news published by All India Central Excise Inspector’s Association, Rajasthan Circle, the IRS lobby is doing their war like efforts to get approved notifications to notify the jurisdiction & manpower of the re-organized Commissionerates in their own interest whereas Federations of Inspectors & Superintendents are trying their best for possible justice during implementation of the Cadre Restructuring.

 As per current developments it appears that: -

(1) The awaited notifications can be issued on the basis of original CR proposals of year 2010 vis-à-vis proposal approved by the Cabinet.

(2) The changes suggested by the Committee for Operational Issues will have no major effect on the said original proposals.

(3) The Board authorities can organize the final round of discussion with both the said Federations to redress their major grievances.

(4) The awaited notifications can be issued within one week with approval of the present Revenue Secretary & Finance Minister.


(5) On adamant attitude of the Board authorities & Federations, the present CR will be delayed for a long period and will be re-processed by the new Government repeating all the steps.
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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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