Identification of bogus/duplicate PAN Card is an integral part of the data management system. In order to ensure that bogus PAN cards are not issued, the Income-tax Department has started capturing Aadhar number, as mentioned in para above, in PAN application forms in cases where it is available so that the additional uniqueness is brought in PAN allotment process.
The Centralized Processing Cell (TDS) automated for the first time, the Default identification process in respect of TDS statements submitted. CPC (TDS) has highlighted the need for correct and complete reporting of data in the TDS statements and has therefore, implemented processes to enforce compliance.
Government Urges all Tax Payers to Disclose Their True Income and Pay Appropriate Taxes; Income Tax Department Conducts the Second Round of Data Matching Identifying New 21.75 Lakh Potential Non-Filers and Information About Them Made Available on the ‘Compliance Module’ on E-Filing Portal of the Department
P C Agrawal Transactions pertaining to loans to be given and to be taken (borrowing) are common in corporate sector. A number of queries are raised from time to time since various laws are involved, such as Companies Act, Income Tax Act, RBI Act (NBFC) etc. A lot of confusion has been created after introduction […]
Kaushal Agrawal This series shall help you understand how the law is written. It is written in numbered paragraph and numbered sub para. Why there is need to number each paragraphs. How law is enacted in India by Central Govt. What is written in section 1. What is written in section 2. What is written […]
In the instant case, the dispute relates to a part of the building complex, being stilt parking area, retained by the promoter, with intent to sell separately. No knowing at this late stage as to what really has been the intention.
For a long time, getting a handle on finances was a major undertaking. If you’re not a natural budget planner, keeping the books straight can be a constant struggle for both people and businesses. With modern software, however, any person or business can find a program that makes them a finance pro.
If you’re getting married, you’re affirming your relationship with a legal union. This legality secures the bond between two people beyond whatever spiritual or emotional union they’re undertaking – it’s also joining them at the wallet. If you’re planning on getting married, you should have a discussion about finances. If you’ve already gotten married, you […]
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