Skip to main content

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's New Circular on Various issues

INCOME TAX EMPLOYEES FEDERATION, New Dehli has issued a new circular on the minutes of secretariat meeting held on 23.07.2014. Issues of Memorandum to VII CPC, Diversion of Cadre Restructuring posts and other various issues were discussed in the meeting. The contents of the circular is as under

The extended Secretariat meeting was held on 23.7.2014 at Manishinath Bhawan, New Delhi.  The meeting was presided over by Com. Ashok B Salunkhe, President.  The following decisions were taken in the meeting.

Memorandum to VII-CPC. The Secretary General, Com. KP Rajagopal, initiating the discussion outlined the principle and logics of our approach adopted in the draft memorandum circulated for wider discussions in the Circles.  The Secretariat approved the same and authorised the CHQ to submit the final memorandum to the VII- Central Pay Commission. 

Diversion of Cadre Restructuring Posts: The secretariat discussed the draft proposal circulated by the CHQ for diversion of some posts in the cadres of ITOs and ITIs to deficient circles.  In the light of reservation expressed by few circles, the meeting authorised the President and Secretary General to sort out the issue and finalise the proposal to be taken up with the CBDT within a months’ time.

All India Delegates Conference. As decided in the last All India Conference held at Mehsana in the month of February, 2012, the next All India Delegates Conference will be held at Guwahati.  The General Secretary of NE Circle Com. Subir Majumdar informed the Secretariat that the Circle has begun the preparatory work.  The Conference will be held on 19th to 22nd February, 2015 and the accommodation for the delegates will be available from the forenoon of 18th February to forenoon of 23rdFebruary, 2015.  Taking into consideration the huge responsibility given to a small circle and the expenditure involved in organising the Conference, the Secretariat decided to appeal to all Circles to provide financial help to the NE Circle  by obtaining advertisement to the proposed Souvenir to be published on the occasion.  The Secretariat also authorised the President and Secretary General to fix probable quota for collection of Advertisement to each circles.  The NE Circle has been requested to send sufficient number of tariff forms to the circles at the earliest.

Issues Pending with the Board  for resolution: The Secretary General explained the outcome of the last Quarterly Review Meeting held with the Chairman & Member (P) on 14th July, 2014.  The Secretary General indicated that other than ritualistic response, there had been no tangible outcome on the issues or visible change in the attitude of the Authorities.  Unless pressure through agitation is brought about, no improvement can be expected.  In view of the situation, the Secretariat decided to embark upon agitation and to start with, to have a lunch hour demonstration at the earliest in consultation with the ITGOA leadership, under the banner of JCA.

Change of name of ITEF AP Circle: The Secretariat noted on record the request made by the ITEF AP Circle Executive Committee through its resolution to change the name of ITEF AP Circle to ITEF, Andhra Pradesh & Telengana Circle in view of the bifurcation of the erstwhile State into two.

Confederation Sect. decisions: The Confederation National Secretariat which met on  17.07.2014             decided to submit a memorandum to the VII-CPC endorsing the Memorandum submitted by the JCM,Staff Side and incorporating the issues which are concerning the affiliates and require more emphasis.

West Bengal Solidarity Day: National Secretariat of Confederation adopted a resolution on the continued attack by hooligans on the working class especially the affiliated organisations of the Confederation of West Bengal and decided to organize “West Bengal Solidarity Day” on 27-08-2014 throughout the country.  Copy of the resolution is enclosed.  All the Circles are requested to organise programmes as decided by the   State COCs in a befitting manner."



Comments

Popular posts from this blog

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.

Last date for filing the acknowledgement extended for AY 2009-10, 2010-11 and 2011-12

As per the new circular dated 10.02.2014, Central Board of Direct Taxes, in exercise of powers under section 119 (2) (a) of the Act, hereby further relaxes and extends the date for filing ITR -V Form for Assessment Years 2009-10, 2010-11 and 2011-12 till 31.03.2014 for returns e-Filed with refund claims within the time allowed under section 139 of the Act. The taxpayer concerned may send a duly signed copy of ITR-'V' to the CPC by this date by speed post In such cases, Central Board of Direct Taxes also relaxes the time-frame of issuing the intimation as provided in second proviso to sub section (1) of Section 143 of the Act and directs that such returns shall be processed within a period of six months from end of the month in which ITR-V is received and the intimation of processing of such returns shall be sent to the assessee concerned as per laid down procedure. Provision of sub-section (2) of section 244A of the Act would apply while determining the interest on such refund

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

Now it is very clear from the AICPIN issued today that DA will be 100% w.e.f. January 2014. Decline in AICPIN for December, 2013 vanished the expectation for crossing the DA from 100%. However, it will give a great relief to Central Government Employees and Pensioners as DA will be enhanced by 10% again. View ITian India on Facebook View statistics data for AICPIN here