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Attention PAN card holders! You might end up paying Rs 10,000 as fine

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3 years ago

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Your Permanent Account Number (PAN) card will stop functioning if it is not linked with your Aadhaar card, starting April 1, 2022. In light of this, the Income Tax Department has recently extended the deadline of linking PAN with Aadhaar to March 31. It should be noted that according to Section 139AA AA of the Income Tax act, every individual with PAN as of July 1, 2017, and is eligible to obtain Aadhaar, must link PAN with Aadhaar.

Those PAN cards that are still not linked to Aadhaar by the specified date would be declared inoperative. A penalty of Rs 10,000 can also be levied upon the defaulter each time the individual fails to furnish PAN card details. This is in accordance with Section 272B of the I-T Act, which says that a fine of Rs 10,000 can be levied upon defaulter if found PAN is not furnished or quoted according to the I-T law.

Earlier, the Central Board of Direct Taxes (CBDT) had said in a statement, “When a person, whose PAN has become inoperative is needed to submit, intimate or quote his PAN under the Act, it shall be deemed that he has not furnished, intimated or quoted the PAN, as the case may be, in accordance with provisions of the Act, and he shall be liable for the consequences under the ACT for not furnishing, intimating or quoting the PAN.”

Meanwhile, a person can only have one PAN. Obtaining or possessing more than one PAN is against the law and may attract a penalty of up to Rs 10,000. Therefore, it is advisable not to obtain or possess more than one PAN. In case you have a second PAN card, you must send it to to the I-T department as soon as possible. Section 272B of the Income Tax Act of 1961 also contains a provision for this.

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What monkey fled with a bag containing evidence in it: Read full story

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3 years ago

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May 5, 2022

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The court, generally, considers a person who commit a crime and the one who destroys the evidence, as criminals in the eyes of law. But what if an animal destroys the evidence of a crime committed by a human.

In a peculiar incident in Rajasthan, a monkey fled away with the evidence collected by the police in a murder case. The stolen evidence included the murder weapon (a blood-stained knife).

The incident came to light when the police appeared before the court and they had to provide the evidence in the hearing.

The hearing was about the crime which took place in September 2016, in which a person named Shashikant Sharma died at a primary health center under Chandwaji police station. After the body was found, the deceased’s relatives blocked the Jaipur-Delhi highway, demanding an inquiry into the matter.

Following the investigation, the police had arrested Rahul Kandera and Mohanlal Kandera, residents of Chandwaji in relation to the murder. But, when the time came to produce the evidence related to the case, it was found that the police had no evidence with them because a monkey had stolen it from them.

In the court, the police said that the knife, which was the primary evidence, was also taken by the monkey. The cops informed that the evidence of the case was kept in a bag, which was being taken to the court.

The evidence bag contained the knife and 15 other important evidences. However, due to the lack of space in the malkhana, a bag full of evidence was kept under a tree, which led to the incident.

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