Friday, February 14, 2020

CBDT introduces instant allotment of PAN on basis of Aadhaar

The Finance (No. 2) Act, 2019 introduced the concept of interchangeability of PAN with Aadhaar by inserting a new sub-section (5E) in Section 139A. The new provision enables an assessee to quote his Aadhaar in lieu of PAN and he shall be automatically allotted a new PAN

from taxmann.com News https://ift.tt/2Hr2ByY
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