Mandatory to link PAN-Aadhaar by 31 December
It is mandatory to link the PAN with Aadhaar, according to the public message issued a fortnight before the deadline ends. The deadline to link the permanent account number (PAN) with Aadhaar was extended till December 31 by the Central Board of Direct Taxes (CBDT) through an order issued in September this year.
Daily Current Affairs Quiz 2019
The Supreme Court, in September last year, had declared the Centre’s flagship Aadhaar scheme as constitutionally valid and held that the biometric ID would remain mandatory for the filing of I-T returns and allotment of PAN. Section 139 AA (2) of the Income Tax Act says that every person having PAN as on July 1, 2017, and is eligible to obtain Aadhaar, must intimate his Aadhaar number to tax authorities.