Why Income Tax Department has introduced new PAN 2.0 project? This video is about the new PAN 2.0 project which aims to consolidate PAN, TIN and TAN for businesses as a common business identifier. This will be a game changer for businesses to maintain one single identity instead of multiple ones in compliance with the Income Tax Act, of 1961. However, the addition of a QR Code on an individual’s PAN card has already been done by the income tax department in recent years. According to income tax laws, a PAN will become invalid only if it is not linked to an Aadhaar number.Â
Juris Hour Team
Juris Hour is an online news portal for reporting accurate and honest news, articles, judgments, Circulars, orders and notifications related to legal developments. We use the tagline ‘Proficiency At Your Doorstep’. Our mission is to simplify and communicate various legal developments in various spheres like civil, criminal, taxation, etc. and make people aware of their rights and duties in order to empower them to contribute in nation-building.Juris Hour is a team of young professionals turned legal journalists who are guided by the values enshrined in the Preamble of the Constitution of India and want to create more legal awareness in society by acting as a tool to aid legal reforms by offering a space for constructive criticism of the judiciary.
Latest articles
Other Laws
Supreme Court Grants Bail to Former Jharkhand Minister in Disproportionate Assets Case
The Supreme Court has granted bail to a former Minister, Anosh Ekka from Jharkhand...
Indirect Taxes
SAD Refund Can’t Be Denied for Invoice Format Differences When Substantive Conditions Are Met: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Value of Bought-Out Items Not Includable in Assessable Value: CESTATÂ
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh Bench, has held that...
Indirect Taxes
CESTAT Quashes Bank Guarantee Condition for Provisional Release of Areca Nuts, Calls It Arbitrary and Unreasonable
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh Bench, has held that...
More like this
Other Laws
Supreme Court Grants Bail to Former Jharkhand Minister in Disproportionate Assets Case
The Supreme Court has granted bail to a former Minister, Anosh Ekka from Jharkhand...
Indirect Taxes
SAD Refund Can’t Be Denied for Invoice Format Differences When Substantive Conditions Are Met: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...
Indirect Taxes
Value of Bought-Out Items Not Includable in Assessable Value: CESTATÂ
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh Bench, has held that...