A day after the Supreme Court upheld the amendments to the Income Tax Act, making Aadhaar numbers or Aadhaar enrolment numbers for new PAN card applications and linking the UID number to the PAN card in order to file returns, the government said that PAN cards won’t be cancelled for taxpayers who don’t wish to obtain an Aadhaar number for now.
“Finally, the effect of the judgement is as following,” the finance ministry said in a statement on Saturday. “From July 1 onwards, every person eligible to obtain Aadhaar must quote their Aadhaar number or their Aadhaar enrolment number for filing income tax returns as well as applications for PAN.”
Secondly, the ministry statement drafted by the Central Board of Direct Taxes added: “Everyone who has been allotted PAN as on the 1 day of July, 2017, and who has Aadhaar number or is eligible to obtain Aadhaar number, shall intimate his Aadhaar number to income tax authorities for the purpose of linking PAN with Aadhaar.”
No comments:
Post a Comment