Wednesday, March 22, 2017

Aadhar Card to be mandatory for income tax returns and PAN

Aadhar Card to be mandatory for income tax returns and PAN 

 Union government has proposed making Aadhar card  mandatory for 

filing income tax returns and for obtaining Permanent Account Number 

(PAN) through proposed  amendments to the finance bill 2017.

The government on 21.03.2017 proposed making Aadhar Card  mandatory 

for filing of income-tax returns as well as for obtaining and retaining the 

PAN Card.

According to the amendments, from 1 July 2017, every taxpayer will have 

to quote Aadhar while applying for a PAN and while filing income-tax 

returns. Further, existing PAN holders will have to disclose their Aadhar 

numbers to the government by a date that will be specified later. Aadhar 

enrollment number while filing ITR could also be accepted. In case of 

failure to intimate the Aadhar number, the PAN allotted to the person shall 

be deemed invalid.

Neeta Shah 
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