The Supreme Court (SC) has allowed linking of PAN with Aadhaar while reading out its verdict on the constitutional validity of Aadhaar. The apex court also said that quoting Aadhaar number is a mandatory to file income tax return (ITR) and for applying for a new PAN.
As per the Central Board of Direct Taxes (CBDT) notification dated December 30, 2019, the deadline to link PAN with Aadhaar has been extended by three months to March 31, 2020. If you do not link your PAN with your Aadhaar, then your PAN will become inoperative from April 1, 2020.
The government through a notification dated February 13, 2020 has clarified that what will happen once the PAN becomes inoperative. According to notification, those who link their PAN with Aadhaar after March 31, 2020 deadline, then the PAN will become operative from the date of intimation of Aadhaar number.
Also from April 1, 2019 it has become mandatory to quote and link Aadhaar number while filing tax returns unless specifically exempted. According to chartered accountants, an individual cannot file his/her ITR without linking the two first.
Here is how you can link your PAN with Aadhaar.
Read More...
AIAT Pvt. Ltd
Add:- 15 Bhande Plot, Umred Road Nagpur.
Email:- info@aiatindia.com
Cont:- 9604121000
Visit Us
As per the Central Board of Direct Taxes (CBDT) notification dated December 30, 2019, the deadline to link PAN with Aadhaar has been extended by three months to March 31, 2020. If you do not link your PAN with your Aadhaar, then your PAN will become inoperative from April 1, 2020.
The government through a notification dated February 13, 2020 has clarified that what will happen once the PAN becomes inoperative. According to notification, those who link their PAN with Aadhaar after March 31, 2020 deadline, then the PAN will become operative from the date of intimation of Aadhaar number.
Also from April 1, 2019 it has become mandatory to quote and link Aadhaar number while filing tax returns unless specifically exempted. According to chartered accountants, an individual cannot file his/her ITR without linking the two first.
Here is how you can link your PAN with Aadhaar.
Read More...
AIAT Pvt. Ltd
Add:- 15 Bhande Plot, Umred Road Nagpur.
Email:- info@aiatindia.com
Cont:- 9604121000
Visit Us
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