Only Those Eligible For Aadhaar Need To Quote It In IT Returns

Quoting of Aadhaar in the filing of returns for the assessment year 2017-18 has been made mandatory for only those who are eligible to obtain the unique ID number.

Posted By:
Subscribe to GoodReturns

The income tax department on Wednesday clarified that quoting of Aadhaar in the filing of returns for the assessment year 2017-18 has been made mandatory for only those who are eligible to obtain the unique ID number.

The government, as per the Finance Act 2017, has made it mandatory for taxpayers to quote Aadhaar or enrolment ID of Aadhaar application form for filing of income tax returns (ITR). Now You Need Aadhaar For These 14 Things

Also, Aadhaar has been made mandatory for applying for permanent account number with effect from July 1, 2017.

Only Those Eligible For Aadhaar Need To Quote It In IT Returns

"It is clarified that such mandatory quoting of Aadhaar or enrolment ID shall apply only to a person who is eligible to obtain Aadhaar number... Accordingly, the requirement to quote Aadhaar as per section 139AA of the Income-Tax Act shall not apply to an individual who is not a resident as per the Aadhaar Act, 2016," an official statement said.

Resident as per the said Act means an individual who has resided in India for a period or periods amounting in all to 182 days or more in the 12 months immediately preceding the date of application for the enrolment. Aadhaar Is Mandatory For EPF Pension Scheme Now

As per the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016, only a resident individual is entitled to obtain Aadhaar.

There are more than 25 crore PAN card holders in the country while Aadhaar has been issued to 111 crore people.

Goodreturns.in 

Read more about: aadhaar, it returns
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC