Aadhaar-PAN Link: PANs of 10 crore NRIs made inactive? Income Tax Dept responds to false claim
PAN Card-Aadhaar Card Link Latest News: Even as the last date for Aadhaar-PAN linking has ended, the Income Tax Department continues to receive queries and respond to claims from social media users. One such claim the tax department recently received from a Twitter user was related PAN-Aadhaar linking by Non-Resident Indians (NRIs). The user alleged that over 10 crore PANs of NRIs were made “inactive” and their investments and bank balance in India could be “frozen”.
Responding to the user, the Income Tax Department clarified that not-linking Aadhaar with PAN makes a PAN inactive and has several other consequences. However, non-residents who had intimated their NRI status to the Department were already exempted from PAN-Aadhaar linking and their PANs are active and operative.
“It may be noted that non-linking of PAN with Aadhaar makes a PAN inoperative and not inactive, consequences of which have already been specified…The NRIs who had intimated their NRI status to the Department are already exempted from PAN – Aadhaar linking and their PANs are active and operative,” the Income Tax Department tweeted.
Dear <a href=«https://twitter.com/secureyoursites?ref_src=» https:>@secureyoursites
, It may be noted that non-linking of PAN with Aadhaar makes a PAN inoperative and not inactive, consequences of which have already been specified vide Press Release in https://t.co/N1IRieLOfr The NRIs who had intimated their NRI status to the Department are…
The tax department further said that persons, who have not yet intimated their NRI status to the Department, “are requested to kindly contact their Jurisdictional Assessing Officer (JAO), online, with supporting documents (copy of PAN card and copy of passport showing period of
Read more on financialexpress.com
