Tuesday 26 December 2017

Can not cancel PAN card that does not linkto the support

Can not cancel PAN card that does not linkto the support
Cannot cancel PAN card that does not link to thesupportSandesh December 4th 2017 03:18New Delhi,At present, the hearing is being heard on the Supreme Court challengin the government's orderto link the support car mobile number and bank accounts with the Supreme Court. A senior government official said, if the Supreme Court gives a verdict in favor of the government, the government will give 3 to 6 months time to link thesupport card.
After the expiry of the deadline, the government can cancel all non-linked papers. The official said that by canceling the un-linked pagecard, all the fake PAN cards will b removed from the system and the anonymou transactions will stop. At present, the Income Tax Department has kept the date of joining the Aadhaar card with the PAN card till December 31. The government has indicated in the Supreme Court that it wants toextend this deadline to March 31, 2018.The official said that if the Supreme Court decides in favo of agreeing with the government's stance of joining the pledgor with the papers and agree with the proposed deadline, then the government can give an additional time of 3 to 6 months to linktaxpayers to the support card.The official said, we can give 3 to 6 months time to link support with Pan after 31st December.
If thepage is not linked to support after this deadline, then the PANcard will be invalid. Last month, the central government told the Supreme Court that it wants to extend the deadline for linking up to March 31. The government has mandated the number to get IT returns and a new PAN card from this year
Income tax law says that on 1st July 2017, everyone who has a PAN card has to link the support number in the income tax department.With 33 million papers linked to 13.28 croresAccording to the official, by November 2017, out of 30 crore papers, 13.2 crore has been linked to the base. The exercise is done in the direction of abolishing the duplicate leaf and the support card used by the elements, rather than paying the tax in the remaining taxes.Fraudulent for a pirated economyThe official said that the fake paper are becoming scary for the economy. Openin of bankaccounts by bogus papers has financial transactions, but returns are not file which is a worrying thing.
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