Gujarat Global News Network, New Delhi
The Income Tax Department will automatically issue Permanent Account Numbers, or PAN, to taxpayers who use their Aadhaar numbers for filing tax returns.
The Central Board of Direct Taxes(CDBT) in a notification issued on August 30 said a person with an Aadhar number but not a PAN card “shall be deemed” to have applied for allotment of PAN and they will not be required to apply or submit any documents. It said the new rules were effective from September 1.
The notification by the direct taxes board said the income tax department would “obtain demographic information of an individual from the Unique Identification Authority of India for allotment of Permanent Account Number, a ten-digit alphanumeric identifier issued by it”.
It added that tax department would be “responsible for evolving and implementing appropriate security, archival and retrieval policies in relation to furnishing or intimation or quoting or authentication of Aadhaar number or obtaining of demographic information of an individual from the UIDAI, for allotment of permanent account number and issue thereof”.
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