This Is The Number of PANs Linked With Aadhaar
The federal government has actually made the Aadhaar-PAN connecting compulsory for submitting Income Tax Return.
Press Trust of India|Last Updated: November 06, 2017
New Delhi: Over 13.28 crore Permanent Account Numbers (PANs) have actually been related to the Aadhaar till now, main sources stated on Monday. With this, 39.5 percent of PANs are now related to Aadhaar numbers. There have to do with 33 crore PAN cards, while Aadhaar has actually been provided to about 115 crore individuals.
The federal government has actually made the PAN-Aadhaar connecting obligatory for submitting ITR (Income Tax Return) and getting a brand-new Permanent Account Number (PAN) from July 1.
The Supreme Court had in June supported the credibility of an Income Tax Act arrangement making Aadhaar necessary for allocation of PAN cards and ITR filing, however had actually put a partial remain on its application till a Constitution bench resolved the concern of right to personal privacy.
The CBDT had in June this year stated the peak court’s order had actually just provided a “partial relief” to those who did not have an Aadhaar or an Aadhaar enrolment ID, and the taxman, thus, “will not cancel” the PAN of such people.
While Aadhaar is provided by the Unique Identification Authority of India (UIDAI) to a citizen of India, PAN is a 10-digit alphanumeric number alloted by the I-T department to a individual, entity or company .