Attention Taxpayers! Link your Aadhaar with PAN for ITR or pay 10K fine

In a surprise move that could make Aadhaar-linking mandatory for all taxpayers, the Supreme Court said that it is essential to link Aadhaar card with PAN Card to file Income-Tax Returns (ITR) from this year onwards.

The apex court was hearing a plea earlier this week, after a Delhi High Court allowed a respondent to file ITR for 2018-19 without linking the Aadhaar. 
The apex court held that the High Court’s verdict was based on the fact that the decision on linking Aadhaar to vital documents or making Aadhaar compulsory was pending before the Supreme Court. It also said that the respondents will now have to link their cards to file the returns.
However, this latest decision of the Supreme Court is in contrast with the apex court’s verdict in September 2018 where it upheld the constitutional validity of Aadhaar. It, however, struck down some of its provisions including its linking with bank accounts, mobile phones, and school admissions.
It is compulsory for an individual to furnish their unique Aadhaar ID while filing IT returns. The apex court also made Aadhaar-PAN card linking mandatory as well as the requirement of Aadhaar when applying for PAN card. Accordingly, the individuals who do not link their PAN and Aadhaar cards would not be able to file ITR.
The last date for Aadhaar-Pan linking is March 31, 2019. In a notification, the government has stated that the maximum late fee for not filing income tax returns is Rs. 10,000 per person effective April 1, 2018.

The income tax department may also send tax-offenders a notice under section 142(1) for filing Income-Tax Returns.

Photo Gallery