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. ...
There is no information received from any reliable sources regarding finalization of Region wise allocation of posts due to Cadre restructuring 2013 of Income tax department. Only information received from the side of ITEF about the criteria for region wise distribution of posts. The ITEF is going to propose following criteria for distribution of posts: 1. Workload 2. Revenue collection 3. Stagnation 4. Geographical Criteria or Muffasil. Most of the proposals of ITEF with regard to Group ‘C’ cadre were accepted by the CBDT at the time of previous cadre restructuring of the department. As process of implementation of cadre restructuring is on the way, many of visitors of ITian India are interested to know about the present allocation of various grades in the Income Tax Department. Following chart shows the Charge-wise sanctioned strength in various grades in the income tax department as on 31.03.2009...