Sec 139aa of income tax act 1961
Web2024 with effect from 1st April, 2024, inserted section 139AA in the Income-tax Act, 1961 (the Act) making it mandatory for a taxpayer who is eligible to obtain Aadhaar, to quote … Web16 Dec 2024 · The Finance Act, 2024 introduced Section 139AA. It mandates specifying the Aadhaar number in the application form for permanent account number (PAN) allotment and in the income tax return on or after July 1, 2024. In the case of Binoy Visman v. Union Of India (2024) the constitutional validity of Section 139AA was upheld.
Sec 139aa of income tax act 1961
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Web30 Mar 2024 · In order to have a robust way of de-duplication of PAN data base, Finance Act, 2024 with effect from 01/04/2024, inserted section 139AA in the Income-tax Act, 1961 (the Act) making it mandatory for a taxpayer who is eligible to obtain Aadhaar, to quote his Aadhaar in the application form for PAN and return of income. 2. Web12 Apr 2024 · The Income Tax Department has told PAN users that according to the Income Tax Act 1961, all PAN holders who do not come under the exemption category, must link their PAN number with Aadhaar before June 30, 2024. If PAN is not linked to Aadhaar, PAN will be canceled from 1 April 2024 under Section-139AA of the Income Tax Act.
WebThe CBDT vide its Circular No. 03/2024 dated 28 March 2024, hereby clarified that a person who has failed to intimate the Aadhaar number in accordance with… Web20 Jun 2024 · We have met the requirements of section 139AA of the Income Tax Act, 1961. The linking of PAN-Aadhar has been done within the due date as specified in the Income …
WebSection 139AA of Income Tax Act 1961, Quoting of Aadhaar number. Quoting of Aadhaar number is defined under section 139AA of Income Tax Act 1961. Provisions under this … WebIncome Tax Department 139AA. (1) Every person who is eligible to obtain Aadhaar number shall, on or after the 1st day of July, 2024, quote Aadhaar number— ( i ) in the application …
Web9 Mar 2024 · Section 139AA (1) If a person is eligible to obtain an Aadhaar Card (Number), then it is mandatory to quote the Aadhaar Number or the 28 digit enrolment id while applying for Permanent Account Number (PAN) Card in form 49A (for Indian Nationals) and while filing their Income Tax Returns. Section 139AA (2)
Web1 Apr 2024 · According to Section 139aa of Income-tax Act, 1961 : 1 (1) Every person who is eligible to obtain Aadhaar number shall, on or after the 1st day of July, 2024, quote … proworks landscapingWebCan assessee get benefit of section 54F even though assessee jointly owned more than one property worldwide? DIRECT TAX CASE LAW- Section 54F of the Income… pro work shoesWebInsertion of new section 139AA. 56. After section 139A of the Income-tax Act, the following section shall be inserted, namely:— '139AA. Quoting of Aadhaar number.—(1) Every person who is eligible to obtain Aadhaar number shall, on or after the 1st day of July, 2024, … restaurants on the berlin tpke ctWebRates of Depreciation from Companies Act, 2013 [ Schedule Rate Chart] as per Part "C" of Schedule VII of the Companies Act, 2013 after making follow-up making: The useful life to compute depreciation of which asset has been received as period Part C regarding Course II proworks insurance services incWebAn employee retires during the current year. Gratuity is payable to him. A part of the amount is paid during the current year and the balance will be paid in the next year. A provision is made towards gratuity in the books of account of … restaurants on the beach pompanoWebSection 139AA - Quoting of Aadhaar number. - Income-tax Act, 1961 x x x x x Extracts x x x x x ..... in clauses (a), (m) and (v) of section 2 of the Aadhaar (Targeted Delivery of Financial … pro works inc in delawareWebTaxSpanner, New Delhi, India. 31,544 likes · 15 talking about this. India’s largest & most trusted Income Tax Returns (ITR) e-filing website, with easy-to-use solutions for efiling tax returns. Tax... restaurants on the berlin turnpike