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Government rakes in Rs 600 crore as penalties from taxpayers' delay in PAN-Aadhar link

The government has collected over Rs 600 crore as penalties from persons who failed to meet the deadline for linking their PAN with their Aadhaar card, the Parliament was told on Monday. ....

New Delhi , Lok Sabha , Pankaj Chaudhary , Income Tax Department , Finance Pankaj Chaudhary , Pan Aadhar Link ,

If you submitted Form 60 instead of PAN earlier, Income tax dept now wants you to get a PAN

Form 60 is required to be submitted in lieu of PAN if an individual does not have one but is conducting certain specific transactions like purchasing a car, etc. However income tax department will send an individual an SMS and email about updating one s PAN number to the reporting entity where Form 60 was given or apply for a PAN. ....

Tamil Nadu , Divakar Vijayasarathy , Ankit Jain , Gopal Bohra , Na Shah Associates , Income Tax Department , Reporting Entity , Income Tax , Permanent Account Number , Direct Taxation , Mumbai Based Chartered Accountancy , Chartered Accountant Divakar Vijayasarathy , Ved Jain , Central Board , Direct Taxes , Pan Aadhar Link , Tax Department , Form 60 , News About Pan ,