GST Rollout : Linking Aadhar with PAN, the 'ifs' and 'buts'
03 July, 2017, 02:10 | Author: Yolanda Murray
(3) The provisions of this section shall not apply to such person or class or classes of persons or any State or part of any State, as may be notified by the Central Government in this behalf, in the Official Gazette.
The government has made it compulsory for taxpayers to link existing Aadhaar numbers with PAN with effect from July 1. However, going by reports, your PAN card will become invalid if you don't link it to your Aadhaar, but at a later date which has not yet been announced by the government.
The Central Board of Direct Taxes (CBDT), the policy- making body for the I-T department, had said on June 10 that the apex court's order had only given a "partial relief" to those who do not have an Aadhaar or an Aadhaar enrolment ID, and the taxman, hence, "will not cancel" the PAN of such individuals. And the Union government has made it very clear that the linking is mandatory.
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For all assessees whose name given in the Aadhaar card and PAN card are identical, a simple SMS-based facility is provided to achieve the linking.
âAll beneficiaries of Public distribution system (PDS) are required to provide Aadhaar details to get benefits. There had been loads of queries and doubts raised on the issue of Aadhaar - PAN linking.
For linking your PAN card to your Aadhaar card, one needs to go to the income tax department official website.
Risk of Severe Storms Tonight Eases
We don't expect much from it, so, not to flip-flop, but at this point, Monday and Tuesday are expected to stay dry. There greatest threat with any storm today , will be for localized flooding during times of heavy rain.
A pop-up message will inform you that your Aadhaar card has been successfully linked to your PAN card.
"In case where Aadhaar name is completely different from name in PAN database then the linkage may fall and the PAN holder has to change the name in either Aadhaar or in PAN database or visit personally to designated PAN application centre of NSDL eGov or UTIITSL for Biometric Aadhaar authentication", the Income Tax Department said on microblogging site Twitter. The individuals misunderstood that the PAN is invalid after the deadline if they did not link Aadhar with PAN. While Aadhaar is issued by the Unique Identification Authority of India (UIDAI) to a resident of India, PAN is a ten-digit alphanumeric number alloted by the I-T department to a person, firm or entity.
There are over 25 crore PAN numbers allotted, Aadhaar has been allotted to about 115 crore people.
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