Aadhaar must to file I-T returns, processing PAN card

In keeping with the amendments proposed by way of Finance Minister Arun Jaitley, earnings tax-payers will have to declare their Aadhaar variety in all tax returns filed after July 1

while the supreme court has in successive orders, declared that the Aadhaar card can not be made obligatory, the government on Tuesday made quoting the country wide identification variety obligatory for filing profits Tax returns and additionally processing of permanent Account quantity (PAN) applications from July 1, 2017. Pan Card Apply Online

The apex court docket in 2015, and in 2016, had said, "The Aadhaar card scheme is only voluntary and it can not be made obligatory until the matter is ultimately determined with the aid of the court docket." people can hyperlink their Aadhaar with their bank money owed and use an Aadhaar-enabled payment system for budget switch, stability enquiry, cash deposits or withdrawals and inter-banking transactions.

in line with the amendments proposed through Finance Minister Arun Jaitley, profits tax-payers will must claim their Aadhaar quantity in all tax returns filed after July 1. they'll additionally ought to hyperlink their precise identification variety with the PAN before the July closing date. consistent with the bill, PAN playing cards that are not related will be deemed to be invalid. one by one, the labour ministry has issued a notification making Aadhaar mandatory for opening EPF accounts from March 31. In Haryana, the authorities has made Aadhaar-enabled biometric attendance obligatory for teachers and other employees in all the government-aided faculties.

The supreme court five-decide charter bench had on October 15, 2015 extended use of the Aadhaar card on a voluntary foundation to avail of different government schemes like the Mahatma Gandhi countrywide Rural Employment assure Scheme, Pradhan Mantri Jan Dhan Yojana, worker provident fund and pension schemes. The social welfare schemes, geared toward attaining the door steps of the "poorest of the poor" have been similarly to the opposite two schemes — public distribution gadget and LPG schemes — allowed in advance with the aid of the apex court docket in its August 11, 2015 meantime order.

"We want to make it clear that the Aadhaar card scheme is purely on a voluntary foundation and not made obligatory until the problem is finally determined," the bench said. The bench delivered that it'd refer the difficulty – as to whether or not privacy turned into a essential proper — to a larger bench of 9 or 11 judges.

last date to link PAN-Aadhaar prolonged till March 31, 2020

If the PAN card is not related with Aadhaar in the stipulated time, the previous will become inactive.

The remaining date for linking of PAN (permanent Account range) with Aadhaar has been prolonged from December 31, 2019, to March 31, 2020, the income Tax (IT) branch knowledgeable on Monday. this is now the second one time that the cut-off date for the identical has been extended. The Ministry of Finance had in advance extended the deadline from September 30, 2019, to December 31, 2019.

The relevant Board of Direct Taxation special the announcement below sub-phase 2 of segment 139AA of the earnings Tax Act, 1961.

The reliable Twitter account of income Tax India posted, "The due date for linking of PAN with Aadhaar as detailed beneath sub-segment 2 of phase 139AA of the profits-tax Act,1961 has been prolonged from thirty first December 2019 to thirty first March 2020. Notification no.107 of 2019 dated 30/12/2019 issued via CBDT."

An in advance notification from the Ministry of Finance, dated September 28, 2019, had at the beginning prolonged the cut-off date from September 30, 2019, to December 31, 2019.

according to new rules revised under the 2019 budget, if the PAN card is not connected with Aadhaar within the stipulated time, the former becomes inactive.

however, it is nevertheless mandatory for Indian Expats to link their Aadhaar card with PAN by way of December 31, a public observe issued via the government two days ago had announced. Failure to do so will render their PAN card inoperative.

despite the fact that Non-Resident Indians (NRIs) are not required to have an Aadhaar card or a PAN card, it's far obligatory to link them if one possesses them. The previous deadline for the linkage became September 30 which turned into later extended to December 31.

A statement by the Ministry of Electronics & IT had said that over 1.25 billion residents of India are the usage of Aadhaar playing cards.

"specific identification Authority of India (UIDAI) announced a new milestone accomplished by using the Aadhaar venture – the crossing of the one hundred twenty five crore mark. which means over 1.25 billion citizens of India have the 12-digit precise identification," a press release via the Ministry of Electronics & IT had stated. Pan Card Apply Online