The Indian Government made compulsory to add or link Aadhaar card with Pan card during filling the Income tax return. Aadhaar and PAN number both are mandatory to filling the income tax return. Most of the person who don’t have Aadhaar card have to apply for Aadhaar card.
PAN-CARD
PAN Card is Mandatory for These Banking Transactions
Central Government of India already take bold and big step to ban all Rs. 1000 and Rs 500 old notes and it is effected from midnight of 8th November, 2016. Now, Central Government of India bring a provision to amendment in section 14B in Income Tax Act. Now, this article helps you to know PAN card is mandatory for these banking transactions.