Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Aadhaar must for I-T returns, PAN applications from July 1

Aadhaar must for I-T returns, PAN applications from July 1

Share this article Share this article
published Published on Jun 11, 2017   modified Modified on Jun 11, 2017
-The Times of India

NEW DELHI: The government said on Saturday that filing income tax returns and applications for permanent account number or PAN cards will, from July 1, mandatorily require Aadhaar cards, or at least the applicant's enrolment number for the unique identity (UID).

The order came a day after the Supreme Court upheld the law, Section 139AA of the Income Tax Act, that mandates the possession of Aadhaar cards to file I-T returns, and the linking of the UID with PAN cards. "Those who do not have an Aadhaar will have to apply for one in the next 20 days if returns are to be filed after July 1. Those who wish to file the returns or apply for PAN before the deadline can do without Aadhaar, for the time being," explained an officer.

But, based on the court ruling, the government has, for now, kept the linking of PAN cards with Aadhaar on the tax department website voluntary. The Central Board of Direct Taxes (CBDT), the policy-making arm of the tax department, said the apex court had only given "partial relief" to those who do not yet have an Aadhaar or an Aadhaar enrolment ID, and the taxman, hence, "will not cancel" the PAN of such individuals.

Cancellation of PAN will have several implications, including making bank accounts, mutual funds and insurance policies, non-compliant with know-your-customer (KYC) norms. Chances are that most PAN holders would have Aadhaar, which has a base of 115 crore Indians.

Please click here to read more.

The Times of India, 11 June, 2017, http://timesofindia.indiatimes.com/india/aadhaar-must-for-i-t-returns-pan-applications-from-july-1/articleshow/59090125.cms


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close