Venkkatesh K income-tax direct-tax, income-tax, income-tax-act, India, questions-and-answers 0
With the Finance Act 2017, a new section 269ST has been incorporated in the Indian Income Tax Act, 1961 which completely deals with what happens when any Person received an amount of Two Lakh (2,00,000) or more Indian Rupees in Cash. Section 269ST, clearly says that No Person shall receive an amount of 2,00,000 or […]
Venkkatesh K income-tax direct-tax, income-tax, India, pan-card, questions-and-answers, Taxation 0
With the Finance Act 2017, section 139AA has been introduced in the Income Tax Act 1961, which deals with quoting of Aadhar Number or Enrolment ID of the Aadhar Application while obtaining the PAN (Permanent Account Number) or while submitting the Return of Income through ITR Forms. On, April 5th of 2017, the Commissioner of […]
