Reap seamless benefits of income tax by linking PAN-Aadhaar; CBDT declares last date to be by December 31
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New Delhi, December 16: Viewing to facilitate to reap seamless benefits of the income tax services, the Central Board of Direct Taxes on Monday said that it would be mandatory to link Permanent Account Number (PAN) with Aadhaar by the end of this month.
"This will facilitate to reap seamless benefits of income tax services", the IT Department said. The deadline for linking PAN with Aadhaar was extended till the 31st of December, by Central Board of Direct Taxes (CBDT) through an order issued in September this year. Earlier, the deadline was 30th of September.
In order to link a PAN with Aadhaar online, the assesse is required to log in to the e-filing portal. The Income Tax Department also provides an SMS-based facility to enable the linking. Aadhaar is issued by the Unique Identification Authority of India (UIDAI) to a resident of India and PAN is a 10-digit alphanumeric number allotted by the I-T Department to a person, firm or entity.
The Supreme Court, in September last year, had declared the Centre's flagship Aadhaar scheme as constitutionally valid and held that the biometric ID would remain mandatory for the filing of I-T returns and allotment of PAN. Section 139 AA (2) of the Income Tax Act says that every person having PAN as on July 1, 2017, and is eligible to obtain Aadhaar, must intimate his Aadhaar number to tax authorities.
Aadhaar is issued by the Unique Identification Authority of India (UIDAI) to a resident of India and PAN is a 10-digit alphanumeric number allotted by the I-T Department to a person, firm or entity.