Aadhaar mandatory for filing IT returns, applying for PAN card

Hasmukh Adhia

The government on Tuesday said that Aadhaar card will be mandatory for filing Income Tax Return (IR) as well as applying for Permanent Account Number (PAN) from the next financial year.

The new proposal has been made through an amendment to the Finance Bill. He demanded the government to bring separate legislations except the tax proposals.

The Hindustan Times reports that if the amendment passes, mandatory Aadhaar for tax filings and PAN card applications could come into effect from July 1.

So far, more than 111 crore Aadhar numbers have been issued+. In case of failure to intimate the Aadhaar number, the PAN allotted to the person shall be deemed invalid.

Also, Unique Identification Authority of India (UIDAI) earlier had said that devices using Aadhaar authentication need to follow its new encryption standards from June 1. As per reports, those who do not have their Aadhaar Card can file ITR by Aadhaar enrollment number. The Parliament is likely to grant its nod to the bill on Wednesday.

The amendment has also proposed to cap cash transactions at Rs 2 lakh.

While presenting the Union budget, finance minister Arun Jaitley had on 1 February proposed that the legal limit for cash transactions would be Rs3 lakh, in line with the recommendations of the Supreme Court-constituted Special Investigation Team (SIT) on black money.

In a tweet, Revenue Secretary Hasmukh Adhia said, the penalty for a violation will be a fine equivalent to the value of the transaction.

Ownership of an Aadhaar card has been made mandatory for availing public distribution system and mid-day meals.

The Finance Bill is a Money Bill and therefore only the MPs in the Lok Sabha can vote during its passage.



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