Which section of the Income-tax Act 1961 will declare PAN Card as inop – InterviewSolution

InterviewSolution

1.	Which section of the Income-tax Act 1961 will declare PAN Card as inoperative, if not linked with the Aadhaar by 30 June 2021?
Answer» As per the new Section 234H of the Income-tax Act 1961, which has been introduced during Budget 2021, the PAN cards which are not linked to Aadhaar after June 30, 2021, would be declared "inoperative", as well as a penalty of Rs 1,000, may also be imposed.

Discussion

No Comment Found

Related InterviewSolutions

What is the rank of India in 2017 global Multi-dimensional Poverty Index (MPI)?
India signs a 36 million dollar of Loan Agreement with World Bank for this state's Financial Management Capacity Building Programme.
How many agreements are signed between the India and Spain recently?
India has recently signed pact with which country for defence shipbuilding?
Which country will host the first-ever World Ocean Festival?
Prime Minister Narendra Modi has written to President of this country and reaffirmed India's steadfast support to the country in its fight against all forms of terrorism.
Which city airport has been crowned the world's busiest among the single-runway facilities?
India signed a MoU on peaceful uses of outer space and MoU on cooperation in youth matters with this country.
What is the rank of India as per the report of SIPRI military expenditure database?
India's rank in the 2017 World Press Freedom Index (WPFI) is