In order to provide some more time to the taxpayers, the date for linking PAN & Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for PAN-Aadhaar linking without facing repercussions.
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Income Tax Refund Failure Issue - Last year Refund was credited to the same bank account. This year refund is failed for the reason- Pan not linked to bank account. Unable to understand how is it even possible! Anyone else facing similar issue?
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The retrospective amendment in Section 50 of the CGST Act requiring payment of interest only on net tax liabilities (clause 112 of the Finance Act 2021) has been notified to be effective from 1 June 2021 vide Notification 16/2021 - Central Tax.