13 reporting entities notified for Aadhaar authentication for PMLA purpose

13 reporting entities notified to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money- laundering Act.

MINISTRY OF FINANCE
(Department of Revenue)

NOTIFICATION

New Delhi, the 13th August, 2024

S.O. 3454(E).— In exercise of the powers conferred by sub-section (1) of section 11A of the Prevention of Money-laundering Act, 2002 (15 of 2003) (hereinafter referred to as the Money-laundering Act), the Central Government on being satisfied that the reporting entities mentioned in the Table below comply with the standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016)(hereinafter referred to as the Aadhaar Act), and it is necessary and expedient to do so, and after consultation with the Unique Identification Authority of India established under sub-section (1) of section 11 of the Aadhaar Act and the appropriate regulator namely, the Securities and Exchange Board of India, hereby permits the said reporting entities to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money- laundering Act, namely:

TABLE

Sl No. (1)  Reporting Entities (2)

1 RKSV Securities India Private Limited.

2 OPG Securities Private Limited.

3 SBICAP Securities Limited.

4 SMC Global Securities Limited.

5 JM Financial Services Limited.

6 Arihant Capital Market Limited.

7 Moneylicious Securities Private Limited.

8 SMIFS Limited.

9 ACML Capital Markets Limited.

10 Aditya Birla Money Limited.

11 Monarch Networth Capital Limited.

12 Comfort Securities Limited.

13 R.K. Stock Holding Private Limited.

14 Angel One Limited. And

15 IIFL Securities Limited

[F. No. P-12011/3/2022-ES Cell-DOR (Part-1)]

RIMJHIM PANDEY, Under Secy.

Download Notification Click Here >>

• Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT
• Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT
• Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT
• Cost Inflation Index for FY/Tax Year 2026-27 notified by CBDT. See Up-to-date Table of CII
• Power of CIT(A) u/s 251(1)(a) to remand case can be exercised only in best judgment assessment