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.
The Central Working Committee Meeting of the ITEF shall be
held on 1st June, 2014 at New Delhi to discuss the following agenda:
1. Confirmation of minutes of the CWC meeting held at Jaipur
on 19th & 20th October, 2013.
2. Discussion on allocation of posts & Implementation of
cadre restructuring.
3. Discussion on Organisational matters of ITEF and JCA
Functioning.
4. Discussion on common & Departmental issues.
5. Adoption of Receipt & Payment for the year ending
31.3.2013 & 31.3.2014
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