Central Board of Direct Taxes (CBDT) announced on Saturday to link Permanent Account Number (PAN) and Aadhar Card. They said, “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”.
This was declared in accordance with the Supreme Court orders. During the release of the statement Meenakshi J.Goswami and official spokesperson of the CBDT, referred to the “landmark” judgment on Friday in which it has upheld sSection139 AA of the Income Tax Act as constitutionally valid which required quoting of the Aadhaar number in applying for PAN as well as for filing of IT returns.
Now all the taxpayers who have been allotted PAN, have to submit their Aadhar number to income tax authorities for the linking of both the numbers. While those who do not have Aadhar and who do not wish to obtain it, for the time being, their PAN will not be canceled as announced by the CBDT.
Taxpayers now have to link Aadhar to PAN in filling returns from July 1.