Govt notifies fresh rules to link Aadhaar, PAN from
July
New Delhi:
TNN & AGENCIES
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The government has in another fresh notification made it mandatory to link existing Aadhaar numbers with permanent account number (PAN) for 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 PAN.
The decision is intended to make Aadhaar necessary for those filing income tax returns. The Supreme Court order of June 9 upheld the law linking of Aadhaar but said PAN cards without UID linkage will not be invalid for the time being. It said the law must be applied prospectively .
As many as 2.07 crore taxpayers have already linked their Aadhaar with PAN. The government notification states “every person who has been allotted permanent account number (PAN) as on the 1st day of July, 2017 and who in accordance with the provisions is required to intimate his Aadhaar number, shall intimate his Aadhaar number“ to income tax authorities.
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. Aadhaar is a biometric identifier that will rule out one person using different PAN cards for transactions such as property purchase or passport and other ID applications.
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.
The rules will come into force from July 1, 2017, the revenue department said while amending Rule 114 of the I-T Act, which deals in application for allotment of PAN. As many as 2.07 crore taxpayers have already linked their Aadhaar with PAN.
There are over 25 crore PAN card holders in the country while Aadhaar has been issued to 111 crore people or nearly 98% of the adult population.
Earlier this month, the Supreme Court had upheld the validity of an I-T Act provision making Aadhaar mandatory for allotment of PAN cards and ITR filing, but had put a partial stay on its implementation till a Constitution bench addressed the issue of right to privacy .
The decision is intended to make Aadhaar necessary for those filing income tax returns. The Supreme Court order of June 9 upheld the law linking of Aadhaar but said PAN cards without UID linkage will not be invalid for the time being. It said the law must be applied prospectively .
As many as 2.07 crore taxpayers have already linked their Aadhaar with PAN. The government notification states “every person who has been allotted permanent account number (PAN) as on the 1st day of July, 2017 and who in accordance with the provisions is required to intimate his Aadhaar number, shall intimate his Aadhaar number“ to income tax authorities.
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. Aadhaar is a biometric identifier that will rule out one person using different PAN cards for transactions such as property purchase or passport and other ID applications.
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.
The rules will come into force from July 1, 2017, the revenue department said while amending Rule 114 of the I-T Act, which deals in application for allotment of PAN. As many as 2.07 crore taxpayers have already linked their Aadhaar with PAN.
There are over 25 crore PAN card holders in the country while Aadhaar has been issued to 111 crore people or nearly 98% of the adult population.
Earlier this month, the Supreme Court had upheld the validity of an I-T Act provision making Aadhaar mandatory for allotment of PAN cards and ITR filing, but had put a partial stay on its implementation till a Constitution bench addressed the issue of right to privacy .
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