Income Tax Department releases FAQs on Link PAN-Aadhaar:

Income Tax Department releases FAQs on Link PAN-Aadhaar

The Income Tax Department has released Frequently Asked Question on Link PAN with Aadhaar.

Link PAN-Aadhaar

authorReetudateMar 9, 2023
Last update on Mar 9, 2023

Table of Contents

Income Tax Department releases FAQs on Link PAN-Aadhaar The Income Tax Department has released Frequently Asked Question on Link PAN with Aadhaar. The FAQs are given below: Ans: Section 139AA of the Income Tax Act provides that every individual who has been allotted a permanent account number (PAN) as on the 1st day of July, 2017, and who is eligible to obtain an Aadhaar number, shall intimate his Aadhaar number in the prescribed form and manner. In other words, such persons have to mandatorily link their Aadhaar and PAN before the prescribed date (Presently, 31.03.2022 without fee payment and 31.03.2023 with prescribed fee payment). For more details refer to CBDT circular No.7/2022 dated 30.03.2022.

2. For whom is Aadhaar-PAN linkage not compulsory?

Ans: Aadhaar-PAN linkage requirement does not apply to any individual who is:
  • Residing in the States of Assam, Jammu and Kashmir, and Meghalaya;
  • a non-resident as per the Income-tax Act, 1961;
  • of the age of eighty years or more at any time during the previous year; or
  • not a citizen of India.
To Read More Download PDF Given Below:

About Author

Reetu

Content Manager

Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
Studycafe
Delhi, Delhi, India
8072
Up Next

Loading suggestions…