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  • CBDT: PAN Without Aadhaar is Valid

    Publish Date : 30 Jun 2017

    The income tax department has said permanent account numbers that are not linked to Aadhaar by July 1 will not be cancelled, stepping in to calm the panic caused by a notification issued on Wednesday. ā€œThere is no need for any panic.PAN will not become invalid after June 30,ā€œ Sushil Chandra, chairman of Central Board of Direct Taxes (CBDT) told ET. The board will notify a date later on when PAN without Aadhaar will not be valid, he said.

    ā€œEvery person who has been allotted permanent account number as on the 1st day of July, 2017 and who in accordance with the provisions of sub-section (2) of section 139AA is required to intimate his Aadhaar number, shall intimate his Aadhaar number to the Principal Director General of Income-tax (Systems) or DirectorGeneral of Income-tax (Systems) or the person authorised by the said authorities,ā€œ a government notification earlier this week said. People rushed to link their Aadha ar with PAN believing that June 30 is that last date.The department will provide a date by which this linking has to be completed failing which unlinked PANs will be declared invalid.  - www.economics-times.com[30-06-2017]

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