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Click below to read and download the CBDT Notification No.33/2019 dated 01/04/2019
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi, 31st March, 2019
PRESS RELEASE
CBDT issues clarification on linking of PAN with Aadhaar
It has been reported in some sections of the media that those PANs which are not linked with Aadhaar number by 31.03.2019 may be invalidated. The matter has been considered by the Central Government and now the cut-off date for intimating the Aadhaar number and linking PAN with Aadhaar is 30.09.2019, unless specifically exempted.
Notwithstanding the last date of intimating/linking of Aadhaar Number with PAN being 30.09.2019, it is also made clear that w.e.f. 01.04.2019, it is mandatory to quote and link Aadhaar number while filing the return of income, unless specifically exempted.
(Surabhi Ahluwalia)
Commissioner of Income Tax
(Media & Technical Policy)
Official Spokesperson, CBDT.
Press Information Bureau
Government of India
Ministry of Finance
29 MAR 2019
Income Tax Department carries out more search actions in the J&K Region
Income Tax Department carried out search actions at 5 premises located in and around Srinagar on 28th March, 2019. Two groups, which connived with local officials in facilitation of absorption of undisclosed income of undesirable elements in shops, buildings and land in Srinagar were searched.
It has been found in the search that 76 shops built by Srinagar Development Authority for resettlement of vegetable and fruit vendors were sold off to influential and cash rich disrupters at a huge premium. One of the persons searched by the Department is a self-proclaimed chairman of the Vegetable Vendors Union, Batamaloo. The magnitude and proportion of black money used in these transactions is startling. It has been found that four shops on the first floor of the market have been apparently sold by the self-styled chairman for Rs 1.09 crore to an individual, who paid Rs 9 lakh in cheque and the balance Rs 1 crore in unaccounted cash. He has constructed a three-storeyed budget hotel-cum-shopping complex at the New Fruit Complex, Parimpora, from black money earned by him in transactions of these shops and other real estate.
The second search operation revealed that nearly 86 Kanals of land under unauthorised occupation was sold to locally powerful persons at a high premium. The transactions have been undertaken either completely or largely in undisclosed cash. A number of original ‘ikrarnamas’ have been found and seized, that show possession of land being passed on in exchange of unaccounted receipt of cash. The said tax evader set up a scrap and plastic crushing unit out of the cash generated in this manner. The investment in this unit as well as income earned from it has been totally kept out of the tax net.
In the aggregate, the search actions of 28th March, 2019 have unearthed unaccounted financial transactions of more than Rs 11 crore and undeclared investment in immoveable property of more than Rs 19 crore in and around Srinagar.
None of the persons covered in the search actions has filed an income tax return. Criminal prosecution for wilful attempt to evade tax as well as deliberate non-filing of tax returns would be filed against the tax evaders.
F. No. 225/86/2019-ITA-ll
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
*****
North Block, New Delhi, the 29th March, 2019
Order under Section 119(1) of the Income Tax Act, 1961
The last date for filing belated/revised tax-returns for assessment year 2018-19 is 31st March, 2019. The Financial Year 2018-19 also closes on 31st March, 2019. In view of the closed holidays on 30th March, 2019 and 31st March, 2019, being Saturday and Sunday, Income Tax Offices throughout India (including the ASK Centres), shall remain open on 30th and 31st March, 2019 during normal office hours. Further, arrangements may also be made by way of opening additional receipt counters, wherever required, on 30th and 31st March, 2019, to facilitate filing of tax-returns by the taxpayers.
2. This order is issued for administrative convenience by the CBDT in exercise of powers conferred under section 119(1) of the Income Tax Act, 1961. It may be given wide publicity.
(Rajarajeswari R.)
Under Secretary to the Government of India.
Click here to read and download ITAT order copy reported in [TS-5699-ITAT-2019(Delhi)-O]