The Ministry of Finance has extended the due date for linking of Aadhaar with PAN from March 31, 2020 to June 30th 2020. Under the provisions of recently introduced Section 139AA of the Income Tax...
A couple of problems now awaits those who have not linked their Aadhaar card with their pan card. The income tax department had earlier announced that all unlinked PAN cards will be declared as “inoperative”...
The Central Board of Direct Taxes ( CBDT ) has notified norms to make Permanent Account Number ( PAN ) inoperative if it is not linked with Aadhaar. The CBDT has amended the Income Tax...
In a significant change, the Union Government has proposed a new system to allot PAN online on the basis of Aadhaar in Union Budget 2020. A new system is proposed to launched to instantly allot...
In a Union Budget 2020 presented today, the Union Finance Minister Smt. Nirmala Sitharaman has proposed the various Indirect Tax Proposals. GST: Cash reward system envisaged incentivizing customers to seek invoices. Simplified return with features...
The Gujarat High Court held that the permanent account number (PAN) cannot be declared inoperative due to non-linking of Aadhaar or Aadhaar number. The applicant seeks a declaration that he would not be in default...
The Central Board of Direct Taxes ( CBDT ) has extended the due date for linking of Aadhaar with PAN from March 31, 2020. The due date for linking of PAN with Aadhaar as specified...
In a major operation, sleuths of DGGI, the Chennai Zonal unit carried searches lasting two days during the 19th to 20th of December at several premises and unearthed a GST fraud involving rupees Rs.900 Crores,...
The Ministry of Finance has eased norms of Aadhaar KYC for Opening the Bank Account. Norms of Aadhaar KYC are eased for opening of bank account and not for the change of address in it,...
The Central Board of Direct Taxes ( CBDT ) has notified Amendments in various Income Tax Forms which provide Aadhaar can be used instead of Permanent Account Number ( PAN ). The CBDT made changes...
The Central Board of Direct Taxes ( CBDT ) has extended the due date for linking of Aadhaar with PAN from September 30, 2019, to December 31, 2019. Under the provisions of recently introduced Section...
The ICSI Council in its meeting held on 4 th – 5 th May, 2019 decided that, member are required to provide the details Permanent Account Number ( PAN ) at the time of making...
In a further drive to smooth up the Indian Corporate Sector after taking up diverse stringent actions in opposition to the shell companies keeping in view the ultimate target of preventing the generation and circulation...
While upholding the Constitutional validity of Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 the Constitution bench (4:1) of the Supreme Court has struck down some provisions including the provision mandating...
The Gujarat High Court has directed Income Tax Department to enable Online Filing of Returns without Aadhaar. A Division Bench comprising of Justice M.R Shah and Justice A.Y. Kogje has directed the Income Tax department...
In an interim order, the division bench of the Bombay High Court has granted interim relief to a group of 25 taxpayers who had filed a petition challenging the insistence of the Revenue Department to...
The Central Board of Direct Taxes ( CBDT ) has extended the due date of Linking Aadhaar with PAN till 31st March 2019. Under the provisions of recently introduced Section 139AA of the Income Tax...
The Central Government has notified Aadhaar and Permanent Account Number ( PAN ) mandatory for Customs Broker License. In a notification issued by CBIC, Aadhaar and PAN mandatory for persons seeking a customs broker license. ‘Customs...
The recent move by Delhi High Court in extending the deadline to link Aadhaar with Income Tax Returns to June 30th has brought relief to the Petitioners. As the Income Tax Department was not permitting...
The Central Board of Direct Taxes ( CBDT ) has extended the due date of Linking Aadhaar with PAN till 30th June 2018. Under the provisions of recently introduced Section 139AA of the Income Tax Act,...
As per the latest available information as on 05.03.2018, the number of Aadhaar cards linked with PAN is 16,65,82,421. Further, as on 02.03.2018, 8779.65 Lakhs Current Accounts and Savings Accounts have been linked with Aadhaar....
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