PAN will be generated automatically if taxpayer uses Aadhaar for filing returns: CBDT
Linking of the two databases is now compulsory and backed by law
The Income Tax Department will automatically issue PAN to a taxpayer using Aadhaar number for filing returns as part of a new arrangement to link the two databases.
According to a notification issued by the CBDT on August 30, a person who furnishes Aadhaar, as they do not have PAN, “shall be deemed” to have applied for allotment of PAN and they will not be required to apply or submit any more documents.
The rule has come into effect from September 1, it said.
For full report please click on the following link: PAN will be generated automatically if taxpayer uses Aadhaar for filing returns: CBDT
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