Adhaar Linking To PAN Mandatory from 1st July - How To Link Adhaar To PAN See details Here
The Income Tax Department has urged assessees to link their
Aadhaar number with PAN or Permanent Account Number. The taxman has not
o
nly simplified the process for Aadhaar-PAN linkage but also provided
multiple facilities to do this. In Budget 2017, the government mandated
seeding of Aadhaar with Permanent Account Number to avoid individuals
using multiple PANs to evade taxes. From July 1, linking of existing
Aadhaar numbers with taxpayers' PAN will be mandatory. The new rules
will come into force from July 1, 2017, the Department of Revenue has
said.
The government has made quoting of Aadhaar or enrolment ID a
must at the time of application of PAN. Through an amendment to tax
proposals in the Finance Bill for 2017-18, Finance Minister Arun Jaitley
has made the 12-digit biometric identity system Aadhaar mandatory for
filing ITRs and provided for linking of PAN with Aadhaar to check tax
evasion through use of multiple PAN cards.
"Every person who has been allotted PAN as on July 1, 2017,
and who in accordance with the provisions of sub-section (2) of section
139AA is required to intimate his Aadhaar number, shall intimate his
Aadhaar number to the principal director general of income tax (systems)
or DGIT (systems)," according to the revenue department.
Important: Please always Check and Confirm the above details with the official website and Advertisement / Notification.
Tag :
AADHAR CARD
