Your PAN Card could become invalid soon if it is not linked with the Aadhaar number.
There has been a lot of confusion over the government’s move to make people ‘mandatorily’ link their Permanent Ac-count Numbers (PAN) to the Aadhaar numbers. The new Section 139 AA of the Income Tax Act, 1961 states that(i) the Aadhaarnumber will have to be mandatorily quoted in any application for a PAN Card post July 1, 2017 and (ii), all persons will have to state their Aadhaar number while filing their income tax returns, after July 1, 2017. Those who do not have an Aadhaar number will have to apply for one.
This story is from the June 2017 edition of The Finapolis.
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This story is from the June 2017 edition of The Finapolis.
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