Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: empanelment :: ACCOUNTING STANDARDS :: form 3cd :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: VAT RATES :: cpt :: list of goods taxed at 4% :: VAT Audit :: TDS
 
 
ę News Headlines »
  I-T department asks taxpayers to update their information on e-filing portal
  How to check income tax refund status
 GST panel to consult MSMEs in October end to further ease tax rigour
  How to check income tax return status
 Been Served a Notice by the Income Tax Department? Here‚Äôs How You Can Respond
 Seeks to amend the CGST Rules, 2017 - 45/2017 - Central GST (CGST)
 Government provides clarity on tax rate
 Processing of returns in Form ITR-I under section 143(1) of the Income-tax Act, 1961
  Filing of Reconciliation return in form 9 for the year 2016-17
  Today is last date for filing GSTR-1 forms for July; govt rules out further extension
 Today is last date for filing GSTR-1 forms for July; govt rules out further extension

IT dept to cancel 80,000 duplicate PAN cards
November, 07th 2006

The Income Tax department has started issuing letters to holders of duplicate permanent account number (PAN) cards before it starts cancelling them. The deadline is December 31.

The I-T department has so far unearthed 1.68 lakh multiple PAN cards in West Bengal. It has identified around 80,000 duplicate cards which will be cancelled. There are 35 lakh PAN cards in circulation in the State.
 
The problem of multiple cards is less in West Bengal as compared to Mumbai and Delhi, the chief commissioner of I-T, Dilip K Das, said while inaugurating a help desk at the Aayakar Bhawan for filing of electronic returns. In Maharashtra, 7.8 per cent of the total number of cards belong to persons who have multiple cards. In West Bengal, the figure is only 4.8 per cent.

In most cases, the culprit was the failure of the system. There was a huge backlog when UTI Technology Services Ltd was mandated to issue PAN cards. A few people, in expectation of getting the cards quickly, made simultaneous applications to both the I-T department as well as the company, explained Das.

The department, he said, has already identified those who are in possession of duplicate cards. We are giving them a chance to tell us which PAN number should be retained and which one is to be destroyed. This has been left to their discretion as these card-holders may have entered into different transactions citing different PAN numbers, said I-T commissioner (computer) G Choudhuri.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions