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Deductors, collectors won't face higher tax rates under sections 206AA and 206CC for transactions up to March 31, if the deductee or collectee died on or before May 31, 2024
Taxpayers who have not yet linked their Aadhaar with PAN are advised to complete the process by June 30 to avoid a penalty of Rs 1,000
Linking PAN with Aadhaar, submission of Form 12B are other tasks that must be completed be before this date
PAN-Aadhaar link last date: The Income Tax Department has fixed the last date to link the two cards as March 31, 2023, but the users will have to pay a penalty of Rs 1,000
The Aadhaar matter is before the Supreme Court with next date of hearing posted for November