Tag: Income Tax Department
PAN cards not linked with Aadhaar to get deactivated by 31...
Permanent Account Number (PAN) cards that are not linked with Aadhaar will get deactivated by March 31, 2018, said Income Tax Department in the...
Deadline extended: Learn how to link PAN with Aadhaar
If you haven’t linked your Aadhaar number with your Permanent Account Number (PAN), you still have more time in hand. According to the latest...
More than 6.83 lakh companies with PAN avoided I-T returns: Santosh...
Over 6.83 lakh companies with Permanent Account Number (PAN)avoided filing Income Tax returns for the assessment year 2016-17, said Minister of State for Finance...
IT cautions against cash dealings of Rs 2 lakh or more
Income Tax Department has warned people against initiating cash transaction worth Rs 2 lakh or more, directing that the receiver of the amount will...
Link Aadhaar with PAN just by sending an SMS: IT Dept
You can now link your Aadhaar with Permanent Account Number (PAN) very conveniently and all you need to do is just send an SMS.
Income...
Bank accounts to be blocked by April 30 if not self-certified
The Income tax department has notified all the banks to acquire self-certification from customers, to comply with FATCA (Foreign Account Tax Compliance Act) provisions.
This...
Government to banks: Seek PAN or Form 60 from account holders
Going strict over the tax evaders, the central government has asked banks to seek permanent account number (PAN) or Form-60 in case PAN is...
IT Dept asks banks to report deposits over Rs 2.5 lakh
To keep a close eye on unaccounted money deposited in bank accounts, Income Tax (I-T) Department has asked various banks to report all deposits...
Income Tax Dept to act tough against high value non-PAN deals
The Income Tax Department is all set to act on certain high-value non-PAN transactions that were reported to it under the annual information returns,...