Budget 2019: PAN and Aadhaar proposed to be used interchangeably in filing ITR

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Updated: Jul 06, 2019 1:21 PM

Budget 2019-20: FM has proposed to make PAN and Aadhaar interchangeable, allowing those who do not have PAN to file income tax returns.

Budget 2019, Union Budget 2019 India, Budget 2019 India, Budget 2019-20, filing ITR, ITR, PAN , AadhaarBudget 2019 India: The move will allow income tax filers to substitute PAN with Aadhaar or vice versa in filing of the ITR.

Union Budget 2019 India: Union Minister of Finance Nirmala Sitharaman in her Budget 2019 speech has proposed relief for the tax filers. She has proposed to make PAN and Aadhaar interchangeable, allowing those who do not have PAN to file income tax returns.

Filing of ITR is currently not possible without PAN. However, if the proposals go through, one can use the Aadhaar to file the ITR. The move will allow income tax filers to substitute PAN with Aadhaar or vice versa in the filing of the ITR.

Income Tax Calculator: Know post-Budget 2019 Income Tax out go here

It is mandatory to file ITR if the gross total income of an assessee, be it an individual, Hindu Undivided Family, an association of person (AOP) or a Body of individual (BOI), exceeds the maximum amount not chargeable to tax.

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