Current Affairs Miscellaneous

Aadhaar for ITR filing, PAN will be auto-generated

Category : Miscellaneous

 The Income Tax Department announced that it will automatically issue PAN to all taxpayers who do not have a Permanent Account Number and are using Aadhaar for filing income tax returns (ITR). Under this new Aadhaar-PAN rule, the Central Board of Direct Taxes (CBDT) will obtain demographic information from the Unique Identification Authority of India (UIDAI) and issue a new Permanent Account Number (PAN).
Source: The Livemint


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