PAN Aadhaar link has not compulsory for these people

 PAN Aadhaar link has not compulsory for these people

PAN Aadhaar link has not compulsory for these people

  • It is mandatory to link your PAN (Permanent Account Number) with Aadhaar, which is a unique identification number issued by the Identification Authority of India (UIDAI). However, there are some exemptions to this rule as notified by the government.

  • “As per Income-tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar before 31.3.2023. From 1.04.2023, the unlinked PAN shall become inoperative,” Income Tax department had said in a recent tweet.

    Who Does Not Require PAN-Aadhaar Link?

  • The ‘exempt category’, according to a notification issued by the Union Finance Ministry in May 2017, are those individuals.
      • 1. Residing in the States of Assam, Meghalaya and UT of Jammu and Kashmir.
      • 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.
      • Not a citizen of India.

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