Relief for Taxpayers - Income Tax Preparation Companies
In an alleviation to citizens, the Central Board of Indirect Taxes (CBDT) has stretched out the cutoff time to Link PAN with Aadhaar to December 31, 2019. Prior, the last date was September 30, 2019. This warning is given for the citizens who have not connected their PAN with their Aadhaar. According to the Tax Administration, the PAN which won't be connected with the Aadhaar by 31.12.019 will get out of commission and in this manner, it can't be utilized for any money related exchange. Nonetheless, the administration is yet to tell the ramifications of defective in the event that PAN isn't connected with Aadhaar. "The CBDT conceded an additional 3 months augmentation to connect the Aadhaar with PAN. According to the ongoing revision by the Finance (No. 2) Act, 2019, if a citizen doesn't interface his PAN with Aadhaar number by the due date then the PAN of the citizen will be regarded to be defective. A citizen won't have the option to cite his PAN on t