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Searched Tag: pan card
Link PAN-Aadhaar by May 31 to avoid high TDS

Link PAN-Aadhaar by May 31 to avoid high TDS

May 28, 2024, 02:50 PM - 2 min read

The income tax department has urged taxpayers to link their PAN with Aadhaar by May 31 to avoid higher tax deduction rates, while reporting entities are reminded to file SFT by the same deadline to avoid penalties. 

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PAN fraud: MP student gets IT notice after firm carries out transactions of Rs 40 cr

PAN fraud: MP student gets IT notice after firm carries out transactions of Rs 40 cr

March 30, 2024, 11:03 PM - 2 min read

A Jiwaji University student, Pramod Dandotiya, in Gwalior, Madhya Pradesh, received an Income Tax notice regarding transactions exceeding Rs 40 crore by a company fraudulently created using his PAN details. The company, not paying GST, operated in his name in Delhi and Pune.

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The Communist Party of India (CPI) has received a notice from the income-tax department, asking it to pay "dues" of Rs 11 crore for using an old PAN card while filing tax returns during the last few years

After Congress, CPI gets I-T dept notice for dues worth ₹11 crore: Sources

March 29, 2024, 04:05 PM - 2 min read

The CPI has found itself to be next on the income tax department's list after the Congress party received a notice few hours ago.

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