The Income Tax department has announced that Permanent Account Number (PAN) is compulsory to link with Aadhaar by March 31,2020, otherwise it will become inoperative if not linked.
As per the latest figures, over 30.75 crore PANs have already been linked to Aadhaar. However, 17.58 crore PANs are yet to be linked with the 12-digit biometric ID.
Where a person, who has been allotted the permanent account number(PAN) as on July1, 2017 and is required to intimate his Aadhaar number under sub-section (2) of section 139AA, has failed to intimate the same on or before March 31, 2020, the permanent account number of such person shall become inoperative.
The Supreme Court had in September 2018 declared Aadhaar as constitutionally valid and held that the biometric ID would remain mandatory for the filing of income tax returns and allotment of PAN cards.
