Friday, 17 August, 2018

Aadhaar-PAN linking must from July 1, govt notifies rules

Linking Aadhar Card Number with PAN card Must From 1st July 2017 Aadhaar, PAN Linking Mandatory From July 1: How to Link Aadhaar With PAN Card Online
Laurie Berry | 28 June, 2017, 22:38

Amending income tax rules, the government has made quoting the 12-digit identification number or Aadhaar enrolment ID compulsory while applying for PAN, which is mandatory for filing tax returns, opening of bank accounts and financial transactions beyond a threshold. Already, as many as 2.07 crore taxpayers have already linked their Aadhaar with PAN.

"Everyone who has been allotted permanent account number as on the 1st 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 goal of linking PAN with Aadhaar", Central Board of Direct Taxes had said. There are over 25 crore PAN card holders in India while Aadhaar has been issued to 111 crore people.

While Aadhaar is a biometric authentication issued by the UIDAI, PAN is a 10-digit alphanumeric number alloted by the Income Tax department to individuals and entities.

However, the recent order from Supreme Court is a relief for people who possess a PAN but do not have an Aadhaar and have not even applied for one.

A bench comprising Justices A K Sikri and Ashok Bhushan, which upheld the legislative competence of the Parliament in enacting the law to this effect, said there was no conflict between the impugned provision of the Income Tax Act and the Aadhaar Act.

Danny Ainge said Josh Jackson 'didn't want to play for the Celtics'
Tatum also provides some rotation flexibility, with the ability to play both forward spots and defend as many as four positions. DraftExpress.com now has the Celtics taking Tatum at No. 3, while ESPN's Chad Ford has him going to the Phoenix Suns at No. 4.

While reading the operative portion of the judgement, the bench said, "we are of the opinion that till Article 21 (concerning right to privacy) of the Constitution is decided by the Constitution bench, a partial stay is required (on section 139 AA of IT Act)". The Revenue Department under the Rule 114 of the I-T Act has allotted the team.

Now, with the government linking it to most services, it can not be called voluntary anymore.

Why? According to government, Aadhaar-enabled biometric identification will help check instances of multiple PANs and also keep a tab on tax evaders.

If a person does not link PAN and Aadhar as mandated by section 139AA then the person's PAN would become invalid.

Significantly, there are more than 24.37 crores pancard in the country, and the aadhaar card of more than 113 crores has been made.

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