Full Details of the Taxpayers’ Fi- “...The Information Being Received Filing of Returns So That the Same Can Countability in the Tax Administra- 2016 Onwards

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Full Details of the Taxpayers’ Fi- “...The Information Being Received Filing of Returns So That the Same Can Countability in the Tax Administra- 2016 Onwards y k y cm PROMOTING VEGANISM TIRUPATI TEMPLE OPEN FLOOD FURY Richa Chadha feels large-scale production Though senior pontiff of Tirupati temple has At least 14 people have died in the latest and consumption of animal products is tested positive for Covid, the temple round of seasonal rains and flooding in southern China harming the planet LEISURE | P2 will remain open TWO STATES | P7 INTERNATIONAL | P10 VOLUME 10, ISSUE 108 | www.orissapost.com BHUBANESWAR | SUNDAY, JULY 19 | 2020 12 PAGES | `4.00 TAX DEPT WILL NOW KNOW MORE ABOUT YOU Financial transactions actions and payment details of credit information like cash deposit/with- card bills. NO LAXITY ON TAXES 26 AS drawal from saving bank accounts, will be shown in 26AS The taxpayers’ tax passbook or the sale/purchase of immovable prop- form 26AS contains details of taxpayer The earlier Form 26AS Certain additional info erty, time deposits, credit card pay- used to give informa- including details of only if taxpayers cross and compliance details along with ments, purchase of shares, deben- tion regarding TDS other taxes paid, other financial transactions. From tures, foreign currency, mutual funds, the specified limit in an FY and tax collected at refunds and TDS this year, its format has been changed source relating to a PAN defaults were also there buy back of shares, cash payment for to include specified financial trans- goods and services, among others AGENCIES actions of taxpayers that will be pre- But now, it will have Statement of Financial under Section 285BA of Income-tax sented on the form of Statement of Transactions ‘to facilitate voluntary compliance, Act, 1961 from ‘specified persons’ like New Delhi, July 18: The income tax Financial Transactions (SFTs). tax accountability and ease of e-filing of returns’ banks, mutual funds, institutions is- (IT) department has come up with a new Taxpayers’ other details such as suing bonds and registrars or sub- AYUSH doc beats father Form 26AS. The objective is to pre- Aadhaar number, date of birth, mobile now being shown in Part E of Form lating the correct tax liability in a feel- registrars, with regard to individu- vent suppression of information by number, email ID and address will 26AS to facilitate voluntary compli- good environment. This would also als having high-value financial to death in Capital, held taxpayers. The IT department will also be present in the new form. ance, tax accountability and ease of e- bring in further transparency and ac- transactions since the Financial Year seek full details of the taxpayers’ fi- “...the information being received filing of returns so that the same can countability in the tax administra- 2016 onwards. Now, all such informa- POST NEWS NETWORK months, Ranjan had been nancial transactions such as sale and by the Income Tax Department from be used by the taxpayer to file her or tion,” the statement read. tion under different SFTs will be shown accusing his father of hav- purchase of stocks, real estate trans- the filers of these specified SFTs is his income tax return (ITR) by calcu- The IT department used to receive in the new Form 26AS. Bhubaneswar, July 18: ing illicit relationship with The Commissionerate Police his wife. Due to the frequent arrested an AYUSH doctor quarrels between father and on charges of killing his fa- son, Ranjan’s wife along with ther, here Saturday. He was their two sons had left the Those who protect No biometric scrutiny for PDS produced in a court. house a month ago and been The incident took place at staying at her parents’ house. FINGERPRINT SCANNER AND IRIS AUTHENTICATION EXEMPTED Jagamohan Nagar in According to a source, like Jagamara area under any other day, Ranjan picked POST NEWS NETWORK ner and IRIS device has been exempted been asked to ensure distribution of the Khandagiri police limits, up a quarrel with his father us are doing so during distribution of PDS ration food items under strict adherence to the July 16. The deceased has on the issue July 16. Sources Bhubaneswar, July 18: The state through e-PoS device at Fair Price Covid-19 norms like social distancing been identified as Rajkishore added that Ranjan sought to government Saturday exempted the Shops until further orders.” and others. Mishra (73) and the accused know if he was indeed the mandatory biometric authentication A notification into this regard was The notification also said, “However, as Ranjan Mishra. biological father of the two sans protective kits for Aadhaar to avail food under the also issued by the department Saturday necessary instructions shall be is- According to Khandagiri sons he has with his wife. Public Distribution System (PDS). to roll out the new norms of PDS with- sued to all the field functionaries and police station IIC Rashmi Soon Ranjan lost his cool Slew of stories has flooded the internet on the The decision was “taken in the light out such scrutiny. All Collectors have Fair Price Shop dealers to continue Ranjan Mohapatra, the fam- and became violent even though of spread of Covid-19 across the state been informed about the decision of the with distribution through e-PoS de- ily comprised of Rajkishore, his sister, who intervened, could hardships and danger that the doctors or healthcare and the rise in their numbers”— the government. vices only on automated mode by his son, daughter-in-law, two not calm him. Rajkishore was workers are going under or are exposed to, but what announcement was done by the State The notification was issued by Vir maintaining social distancing/Covid grandsons and one spinster rushed to Capital Hospital Food Supplies and Consumer Welfare Vikram Yadav, Secretary of the de- -19 advisories in synchronisation daughter. They lived at here where he was declared about the Khaki-wearing frontline workers— the cops! Minister Ranendra Pratap Swain. partment. The department has asked with the distribution date to Odisha Jagamohan Nagar. Ranjan brought-dead. Ranjan’s sis- He said, “In view of the Covid-19 the Collectors to ensure that the mes- FPS server by the dateline commu- worked as an AYUSH doctor ter has registered a case GYAN RANJAN MOHAPATRA, OP pandemic, biometric mode of Aadhaar sage and instructions reach to the Fair nicated earlier as was done in April- at Banapur CHC. against him, accusing him of authentication using fingerprint scan- Price Shops. The Collectors have also June 2020 distribution cycle.” For the last couple of killing their father. Bhubaneswar, July 18: They are ensuring that the citizens adhere to the Covid guidelines; they are making sure that the hoodlums Diesel is getting dearer cannot bank on this occasion and our streets remain safe, but are and dearer than petrol they safe? According to the Indian Police the accused persons to the hospi- AGENCIES Foundation (IPF), an independent tal for medical examination or to think tank, “So far, 22,925 person- the courts for deposition before New Delhi, July 18: State-run oil marketing nel of state police and Central po- magistrates, were seen holding the companies hiked diesel prices Saturday while lice forces in the country have accused persons’ hand without keeping petrol rates on hold at existing levels. In tested positive and 149 lost their wearing gloves; forget social dis- metros, Indian Oil Corporation raised the prices lives in the pandemic so far.” tancing. of diesel by 13-18 paise per Around 30 policemen have died HAVE PPE BUT UNFEASIBLE litre. With effect from 6 am while 2,200 others have tested pos- Additionally, checkpoints in the July 18, the price of itive for the novel coronavirus in- capital city do not have adequate diesel was raised to fection in Maharashtra alone, the sanitisers for the police personnel `81.52 per litre, from worst-hit state. there. A sub-inspector on the con- the existing `81.35 per Meanwhile, several officials of dition of anonymity told Orissa litre, while that of the Odisha Police were also tested POST, “The personnel have been petrol was left un- positive for the virus and many supplied with PPE kits to wear changed at `80.43 per more have been sent for quarantine. during duty but it is quite difficult litre. In Mumbai, the Around 40 policemen have been to stand under the scorching sun price of diesel was re- found infected with the coronavirus covered with the PPE kits. Similarly, vised to `79.71 per litre in Odisha, till date and five have suc- many personnel approaching re- Global oil rates are from `79.56 per litre, cumbed. tirement have been deployed on up from March while the rate of petrol ` With the re-imposition of lock- law and order duty endangering lows as easing of maintained at 87.19 per down in four districts including their lives.” litre. Indian Oil, the Commissionerate Police, the Some personnel also expressed restrictions on Hindustan Petroleum police force has also been burdened their fear of getting infected while transport and and Bharat Petroleum with two tasks: ensure the citizens on-duty. One Havildar, Shrichandan industrial activity account for the major- adhere to the guidelines and keep Das, stationed at Acharya Vihar boost fuel demand ity of fuel stations in the themselves safe while maintain- square here, said, “We aren’t feel- country. ing law and order even though it is ing comfortable while checking Currently, diesel costs more in the national impossible for them to follow social the commuters but it is our duty. capital compared to petrol. Domestic petrol and distancing norms while dealing People should help us by staying in- diesel prices vary from state to state due to VAT.
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