Budget 2019: Your PAN won’t become ‘invalid’ if not linked with Aadhaar, only ‘inoperative’
As per current income tax laws, PAN would become invalid if not linked with Aadhaar by September 30, 2019. However, Budget 2019 has proposed that instead of making PAN ‘invalid’ as per Section 139AA of the Income Tax Act, it would become ‘inoperative’. Shalini Jain, Tax Partner, EY India says, “Earlier, failure to link PAN […]
