The Central Board of Direct Taxes (CBDT) has indicated the mandatory ruling may come into force on a later date, even as the government has relaxed July 1 deadline for linking unique identity Aadhaar with key income tax filing document Permanent Account Number or PAN card.
The above mentioned group of individuals are exempt from the mandatory linking only if they do not have Aadhaar. While you can still link your PAN card with the Aadhaar on the Income Tax e-filing website, getting a new PAN card would now require Aadhaar. Aadhaar is a 12-digit unique identity number issued by the Unique Identification Authority of India (UIDAI) to residents after satisfying the verification process.
It’s important to note though that the government has said that people having both Aadhaar and PAN have to link irrespective of whether they file I-T returns. Almost a quarter of 30 crore PAN holders have linked their unique alphanumeric number with Aadhaar, with over one crore such seedings happening last month.
Part of the declaration form to be signed by the applicant states: “I understand that complete security and confidentiality shall be ensured for my personal identity data provided for the goal of Aadhaar-based authentication”. As per the newly introduced section 139AA of the Income Tax Act, every person who has a PAN as on July 1, 2017 and is eligible to obtain Aadhaar Number on the same date shall intimate the same to the tax authorities, failing which their PAN will become invalid from a date that the department would later notify.
Besides, multiple other digital tools are available to achieve this. – If you are above 80 years at any time during the tax year. The Income Tax Department has specified in detail the procedure for quoting of Aadhaar in new PAN application and for changes or correction in PAN data.
Enter your Aadhaar card number and click on the “link now” button. There are over 25 crore PAN card holders in the country while Aadhaar has been issued to 111 crore people.