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SECTION 272B
ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...- How can NRIs apply for a PAN card?Non-Resident Indians (NRIs) must obtain a Permanent Account Number (PAN) for various financial activities in India, including investments, ...
- A young man joins army and after four months realises he was never recruitedOn October 22, Rahul Singh, 25, who joined the Army in 2019, resigned on health grounds. During his stint, he would pose as a high-ranking ...
- Malegaon blast case: 14 years on, trial still underway; more than 100 witnesses yet to be examined by courtSeven persons, including BJP MP Prgaya Singh Thakur and Lt Col Prasad Purohit, are facing trial in the case, which is being probed by the N...
- Not linking PAN with Aadhaar will cost you Rs 500 in first 3 months, Rs 1,000 thereafterThe Central Board of Direct Taxes (CBDT) has notified the penalty amount under section 234H of the Income-tax Act, 1961 which will be appli...
- Govt mulls winding up companies with Chinese linksEarlier this year, after an alert sounded by the central home ministry about Chinese nationals on-board Indian companies for causing econom...
- Last date to link PAN-Aadhaar is March 31: What will happen if these documents are not linked?The last date to link PAN with Aadhaar is March 31, 2022. If both the documents are not linked by this date, then there will be numerous co...
- TDS on rent payment, property sale: Budget hikes penalty on delay in TDS certificate to Rs 500/dayA buyer of immovable property is required to deduct tax at the rate of 1% of the sale value and furnish the challan-cum-statement in Form N...
- Neutral on Zee Entertainment Enterprises, target price Rs 210: Motilal OswalThe brokerage revises down FY22E/FY23E EBITDA/PAT estimate by 7%/5%.
- Link PAN-Aadhaar today to avoid paying penalty of Rs 1,000 tomorrowAs per section 139AA of the Income-tax Act, 1961, every individual who has been allotted a PAN as on July 1, 2017, and eligible to obtain A...
- PAN-Aadhaar linking: What happens if both are not linked by March 31?The tax department has been putting out regular reminders regarding the same on its official Twitter handle. The department tweeted saying ...
- You may be fined Rs 10,000 if you don't link PAN with Aadhaar by the end of this monthAn individual having an inoperative PAN may face trouble in several financial transactions.
- Giving Aadhaar number in lieu of PAN? You might be fined for giving wrong informationSection 272B of the Income Tax Act provides for a levy of Rs 10,000 every time a wrong ID number is quoted.
- Giving Aadhaar number in lieu of PAN? Make sure you have linked both. Here's whyCBDT issued a notification in August where it stated that if someone without a PAN card quotes their Aadhaar number, then the income tax de...
- Non-individual entities with high value transactions must apply for PAN by May 31CBDT in its notification dated November 19, 2018, specified the deadline by which non-individual are mandatorily required to apply for PAN ...
- How to surrender additional PAN card and what are the consequencesAs per Section 272B of the Income Tax Act, the income tax officer can levy a penalty of Rs 10,000 on you for having more than one PAN card.
- 11 lakh PAN have been deactivated: Here's how to check if your PAN is active or notA penalty of Rs. 10,000 is liable to be imposed under section 272B of the Income-tax Act, 1961 for holding more than one PAN.
- Demonetisation row: Penalties, prosecution that tax department can slap on black money holdersHere is a list of various penalties that can be imposed on you for different defaults and the provisions which can help you get immunity fr...
- FIR against Snapdeal for flouting Maggi banAn FIR has been registered against the CEO and founder of an e-commerce major for allegedly selling popular Maggi noodles online during the...
- Kandhamal riot panel asks witnesses to be fearlessOdisha govt had set up a judicial commission to probe into origin of large scale communal violence in Kandhamal which killed 38 persons in ...
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