Govt to impose penalty for misquoting Aadhaar – Hindustan Times

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  • Last Updated on 28 October, 2020

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Rakesh Bhargava, Director of Taxmann.com said:
 
The government is seeking legal amendments so that the penal provision can also be extended to Aadhaar. When the tax department allots PAN on the basis of Aadhaar, it is possible that these two documents would be linked from day one. 

Thus, by allowing quoting of Aadhaar in place of PAN, the department could fulfil two objectives – to bring more and more persons within the ambit of tax and to link Aadhaar with PAN, which is a necessary step in  Direct benefit transfer process.

 

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