Search Results for: Income Tax Act
Aadhar not mandatory for PAN:
Earlier in the Budget, a new Section was introduced through the Finance Act, 2017. As per the Section 139AA of the Income Tax Act, Aadhaar or enrolment ID
Link your Aadhar card with
As per the Finance Act 2017, it is compulsory for taxpayers to quote Aadhaar or enrolment ID of Aadhaar application form while filing IT returns.
Who can get an income
After demonetization, huge deposits were made by several people in their bank account. Most of them received a notice from income tax department. In the wake of mass
PM Modi to meet revenue
After demonetization, many people disclosed their income voluntarily to avoid the consequences of tax evasion and paid income tax as well. Some even paid huge penalties for their
₹540 crore black money found
Tax detectives have conducted their search right from the beginning of financial year on April 1. They attacked shell firms, government officials, and various sectors like real estate.
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