Centre Makes Linking Aadhaar Number With PAN Compulsory
New Delhi: After the Supreme Court had put a partial stay on its implementation till a Constitution bench addressed the issue of the right to privacy, the Central government issued a notice making it mandatory to link existing Aadhaar numbers with PAN of tax payers with effect from July 1.
While giving a partial stay, the apex court upheld the validity of an I-T Act provision making Aadhaar mandatory for allotment of PAN cards and ITR filing.
Meanwhile, the government amended the income tax rules and made Aadhaar a must at the time of application of 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 the use of multiple PAN cards. More: SC Gives Partial Relief In Aadhaar- PAN Linkage
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)”, reported PTI.
The rules will come to force from July 1, 2017, the revenue department said while amending Rule 114 of the I-T Act, which deals with application for allotment of PAN.
Already around 2.07 crore tax payers linked their Aadhaar with PAN.
While there are over 25 crore PAN card holders in the country, the number of people having Aadhaar is said to be 111 crores.