In the budget Speech it was announced by our Finance minister that now people can quote their Aadhar number in place of PAN card number and amendment in this regard has been made in the Income Tax act by inserting a new sub-section 5E to section 139A.
People can now quote their Aadhar number where-ever its necessary to mention PAN number if they don’t have a PAN number.
Also according to the notification now the people only needs to submit Aadhar Card number if they want to apply for PAN and don’t want to quote their Aadhar number everywhere and no further details would be required by PAN card authority to allot PAN number to such person.
Download link for original notification: //www.incometaxindia.gov.in/communications/notification/notification59_2019.pdf
This would be applicable from 01.09.2019.
If you need assistance you can ask a question to our expert and get the answer within an hour or post a comment about your views on the post.