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Linking Aadhar-Pan necessary for tax payers by March 31: CBDT

Updated: Feb 16, 2019 06:16:01am
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Linking Aadhar-Pan necessary for tax payers by March 31: CBDT

New Delhi, Feb 16 (KNN) The Central Board of Direct Taxes (CBDT) has stressed that Aadhaar-PAN linking is 'mandatory' for those filing an Income Tax Return (ITR) and this procedure has to be 'completed' by March 31 this year.

"Constitutional validity of Aadhaar has been upheld by the Supreme Court of India in September, 2018. Consequently, in terms of Section 139AA of Income Tax Act, 1961 and order dated June 30, 2018 of the Central Board of Direct Taxes, Aadhaar-PAN linking is mandatory now which has to be completed till March 31, 2019 by PAN holders requiring filing of ITR," the CBDT said in an advisory.

A bench comprising Justice A K Sikri and Justice S Abdul Nazeer said the top court has already decided the matter and upheld the section 139AA of the Income Tax Act.

Former CBDT Chairman Sushil Chandra, early this month at an event, had said that just 23 crore PAN card holders-over half of the total PAN card holders - have so far linked their cards with biometric ID Aadhaar.

Chandra said that once Aadhaar is linked with PAN and PAN is linked with bank account, the I-T department can find out spending pattern and other details of the assessee. Furthermore, since many agencies are linked with Aadhaar, it would be easier to gauge whether the benefits of welfare schemes are availed by eligible persons, he said.

He had said the I-T Department has so far issued 42 crore permanent account numbers (PAN), of which 23 crore have been linked with Aadhaar.

Section 139 AA (2) of the Income Tax Act says that every person having PAN as on July 1, 2017, and eligible to obtain Aadhaar, must intimate his Aadhaar number to tax authorities. (KNN Bureau)

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