Just two days left: Aadhaar-PAN linking mandatory from July 1 for taxpayers

As many as 2.07 crore
taxpayers have already linked their Aadhaar with PAN.
Latest
news : The government has made it mandatory to link existing Aadhaar
numbers with PAN of taxpayers with effect from July 1.
Amending income tax rules and
notifying the same, the government has made quoting of the 12-digit biometric
Aadhaar or the enrolment ID a must at the time of application of permanent
account number (PAN).
Finance Minister Arun Jaitley
through an amendment to tax proposals in the Finance Bill for 2017-18 had made
Aadhaar mandatory for filing income tax returns and provided for linking of PAN
with Aadhaar to check tax evasion through use of multiple PAN cards.
The revenue department said
"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)".
Besides, it entrusted principal
DGIT (systems) or DGIT (systems) with specifying the formats and standards
along with procedure for verification of documents filed with PAN application
or intimation of Aadhaar number.
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