When Ravi Shankar Prasad shared a hilarious Aadhaar-PAN linking joke

The Income Tax Department on Wednesday issued a notification making it mandatory for all those eligible for an Aadhaar card to link it to their Permanent Account Number (PAN) from July 1, 2017.

If you logged on to Income Tax Department’s website to link your Aadhaar and PAN card, and were able to do so without a glitch, you’re one of the lucky ones. The department, till now, has linked over 2.16 crore Aadhaar numbers with its PAN database.

There are over 25 crore PAN numbers allotted, Aadhaar has been allotted to about 115 crore people.

Tax payers who will file for IT returns post July 1 will now require to link the two or provide the UIDAI number in the e-ITR (electronic-Income Tax Return) form and this will be considered as a valid linking of the two unique numbers. According to the Income Tax Department, linking the two numbers is the key to “seamlessly avail online, a world of income tax facilities”.

The Income Tax Department stated that in no case your PAN will be invalidated.

More news: A record first for Dane van Niekerk

The government quoted that Aadhaar ID is a must at the time of application of PAN. Aadhaar was also made mandatory for applying for PAN with effect from 1 July.

The government mandated to link Aadhaar with PAN in order to avoid individuals using multiple PAN’s to evade taxes. Go to http://www.incometaxindiaefiling.gov.in & tick on Link Aadhaar. There is no doubt that it’s really important to link your PAN with Aadhar by 1st July but it’s surely not the deadline.

Aadhaar-PAN linkage has now become mandatory starting from today. “PAN will not become invalid after June 30”, Sushil Chandra, chairman of Central Board of Direct Taxes (CBDT) told ET. The senior tax official addressed the two major concerns of taxpayers in this context: “It has been made abundantly clear that no PAN, which is not linked to Aadhaar, will be cancelled from July 1”.

Taxpayers can link their Aadhaar-PAN using a mobile-based SMS service (formatted message to be sent to 567678 or 56161), by logging on to the website of PAN service providers like NSDL and UTIITSL, by personally visiting a PAN service centre or over the e-filing website of the tax department. “Provided that in case of failure to intimate the Aadhaar number, the permanent account number allotted to the person shall be deemed to be invalid and the other provisions of this Act shall apply, as if the person had not applied for allotment of permanent account number“, reads the section (2) of Section 139 AA of I-T Act.

Original Post

Leave a Reply

Your email address will not be published. Required fields are marked *