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Bill - Highlights / Catch Notes

Home Highlights July 2024 Year 2024 This

Income Tax: Effective October 1, 2024, the option to quote ...


Budget: Quoting Aadhaar Enrolment ID for PAN/ITR discontinued from Oct 1, 2024. Provide Aadhaar number to avoid PAN duplication/misuse.

Notes     Bill

July 28, 2024

Income Tax: Effective October 1, 2024, the option to quote Aadhaar Enrolment ID instead of Aadhaar number for obtaining Permanent Account Number (PAN) or filing income tax returns will be discontinued. Individuals allotted PAN based on Enrolment ID must intimate their Aadhaar number by a notified date. This aims to prevent duplication and misuse of PAN due to increased Aadhaar coverage among the population.

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