DDA Housing Scheme 2019 Draw Result on July 23

The Delhi Development Authority Housing Scheme 2019 draw is expected to take place on July 23. The DDA Housing Scheme 2019 has received 47,000 applications, mostly coming in for Vasant Kunj and Narela as the first and second most preferred choices respectively.

DDA Housing Scheme 2019 was launched on March 25 and was to close on May 10, 2019 but later the DDA extended the closing date for registration by a month. Out of the 17,922 flats, Vasant Kunj has 1,286, including 336 three-bedroom ones. Mostly the flats on offer are located in Narela, more of them the one-bedroom ones (8,164 in total). The three-bedroom flats are offered in the range of Rs 1.4 crore to Rs 1.7 crore; two-bedroom flats in the price range of Rs 66 lakh and Rs 1.4 crore, and one-bedroom flats coming in the price range of Rs 22.5 lakh to Rs 56.3 lakh.

DDA Vice-Chairman Tarun Kapoor said, "The DDA 2019 housing draw will be held on July 23. We have invited a retired judge to oversee the draw and the exact date depends on his availability."

He said that DDA has received 47,000 applications. It is the fact of the matter that applications for Vasant Kunj are far more and next place is Narela where people have opted for HIG (high-income group) houses. The Vice Chairman of DDA also said, "The number of applications seems to be small but that is because people have filled various location choices. If you leave aside EWS (economically weaker sections), it seems that DDA will be able to sell all the flats in other categories. Narela as a second choice has also been opted by people from LIG (low-income group) category".

For those who are buying the homes for the first-time, Pradhan Mantri Awas Yojana (PMAY) benefit would also be given under the DDA 2019 Housing Scheme. This year the application process for the DDA 2019 Scheme was online with fee payment, uploading of scanned photograph and scanned signature and there was no need to fill any offline form.

13 banks were involved in the process. The registration fee was higher, the maximum being Rs 2 lakh for two and three-bedroom flats. For one-bedroom LIG flat, one has to spend out Rs 1 lakh and for EWS category flats, it was Rs 25,000. After the DDA 2019 Draw Result, the registration fee will be refunded to unsuccessful applicants within 5-10 days. one can see the official website of DDA for any news updates regarding this. This is the official website of DDA.

For those who are waiting for DDA Housing Scheme 2019 draw, keep your fingers croseed till July 23. This time the response is quite big for the DDA. Best of luck to all and Congratulations to all the successful applicants.

Fresh PAN Card if you file tax returns with Aadhaar

After the announcement of Union Budget 2019-20 by Finance Minister Nirmala Sitharaman, interchangeability of PAN and Aadhaar is now allowed. CBDT chairman Pramod Chandra Mody said, "The Income Tax department will allot fresh PAN to a person who files IT returns with only Aadhaar, after the Budget proposed that only the biometric ID was sufficient for tax purposes.

He said, “In cases where Aadhaar is being quoted and PAN is not there, we could possibly think on the terms of allotting a PAN to the person filing income tax return."
The assessing officer of the department can use his powers to allot PAN to an entity.  What this means is that “The law provides that the assessing officer can also allot PAN. So, if Aadhaar is being quoted without PAN, We will allot the PAN. It becomes linked,”

This is the first budget of the second term of Narendra Modi government. Union Finance Minister Nirmala Sitharaman proposed to make the PAN card and Aadhaar interchangeable, effectively allowing those not having PAN Card to file income tax returns by quoting their Aadhaar number. This proposal comes into effect on September 1. Presently, it is mandatory for a person to quote a PAN number while filing resturns.

The interchangeability of the two databases, one PAN Card and second Aadhar Card acts as an “additional facility” to ensure their linkage, currently mandatory under the law.
If the taxpayer is not quoting PAN and only has Aadhaar, his filing and processes do not get affected.”
Aadhaar Card in India is issued by the Unique Identification Authority of India (UIDAI) to a resident citizen of the Country and PAN is a 10-digit alphanumeric number allotted by the Income tax department to a person, firm or entity.