Aadhar now must for filing tax returns, new PAN from next month
"From July 1, 2017 onwards, every person eligible to obtain Aadhaar must quote their Aadhaar number or their Aadhaar Enrolment ID number for filing of Income Tax Returns as well as for applications for PAN," read a government statement.
"Everyone who has been allotted permanent account number as on the 1st day of July, 2017, and who has Aadhaar number or is eligible to obtain Aadhaar number, shall intimate his Aadhaar number to income tax authorities for the purpose of linking PAN with Aadhaar," it said.
The Supreme Court on Friday said that only those without an Aadhar Card will be exempted from linking it with Permanent Account Number (PAN), while ruling on mandatory requirements of Aadhar card for Income Tax Return (ITR), according to media reports.
However, the top court said that those who are in possession of both must get them linked for filing IT returns, media reports said.
The Income Tax department has been urging tax-payers to link their PAN with their Aadhar Card.
The department said that linking of Aadhaar and PAN will be useful for e-verifiaction of Income Tax returns using Aadhaar One-Time Password (OTP).
The top court also addressed people's concerns over data leakage and said that the government must come up with a suitable scheme.
Image: Wikimedia Commons
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