PAN and AADHAR are exchangeable for income tax purposes

Section 139A sets out the conditions in which an individual is required to get PAN. In current situation, PAN must be mentioned in all communications with the Income-tax Dept and in indicated financial transactions which surpass the threshold limit.

It has been seen by the Govt., that occasionally people going into high-esteem transactions, for example, purchase of foreign currency or enormous withdrawal from the banks, don’t have a PAN. In this manner, the mandatory conditions for getting PAN has been proposed to be relaxed as under:

  • An individual may outfit his Aadhaar number in lieu of PAN, and such individual will be designated a PAN in the recommended way;
  • Each individual who has been designated a PAN, and who has linked his Aadhaar number with PAN according to section 139AA, may furnish his Aadhaar number in lieu of a PAN for all the transactions where citing of PAN is required according to Income-tax Act.

Considerable changes have also been proposed in the penal arrangements of Section 272B in order to impose a penalty of Rs. 10,000 for each default in the following cases:

  • If person (i.e., banks, financial institution, and so on.) fails to get or validate the PAN or Aadhaar.
  • In case the assessee fails to quote or verify his PAN or Aadhaar in specific transactions.

Enquire at [email protected] or visit Certicom Consulting for more details.

Interesting Facts About Aadhar

Aadhar being the key record now daily has such a great amount of installed in it to be as yet found. We as a whole have our UID cards issued and use it as a fundamental report of character in all areas. Regardless of whether it is tied in with opening another ledger, making some money related exchange, completing your international ID, applying some administration done and such different unlimited roads aadhar is the above all else introduced record. It gives a one of a kind personality to each resident of India having it. Today, We bring some fun realities about Aadhar which you without a doubt must have not been known to date.

The first Aadhar

We as a whole have our Aadhar, isn’t that so? In any case, do you realize who was the first among us to get it?? What’s more, in which city or state it was first issued? Indeed, the most importantly Aadhar for example UID number was issued on 29 September 2010. It was dispensed to an inhabitant of Nandurbar, in the territory of Maharashtra.

What number of Aadhars till date

Have you at any point thought about what number of Aadhar the UIDAI must have issued till date?? 1 Cr 2 Cr or more?? Estimate!! The number is far greater. Not the correct tally but rather amazingly, the nodal experts have so far issued in excess of 120 crore Aadhar numbers to Indian citiens. What’s more, the quantity of all out Aadhar enlisted goes upto 1,232,037,993. Though the information of updations is likewise very high going to 256,878,935.

UIDAI

We as a whole have heard some place or eventually of time about UIDAI (Unique Identification Authority of India). In any case, what number of us know more bits of knowledge about the equivalent?? All things considered, I didn’t before perusing this. UIDAI has its central station in New Delhi and it additionally has eight local workplaces crosswise over India.

Data Centers

The UIDAI (Unique Identification Authority of India) has two server farms in India situated at

  • Hebbal (Bengaluru), in the province of Karnataka and
  • At Manesar (Gurugram), in the province of Haryana

Age of Aadhar Holders

With regards to duty regularly the charge is taken by grown-ups or Man of the house however the information of Aadhar enrollment recounts a totally new story. Out of all out Aadhar distributions

  • Approx 4% has a place with those upto 5 years old
  • Around 23% to those having a place with the age gathering of 5 to 18 years and
  • At long last 73% to those over 18 Years of age

What’s more, one most fascinating thing told by measurements is that among every one of the classes to whom Aadhar have been dispensed till date about portion of the has a place with females. Presently we can see that India is truly proceeding, it is developing and everybody one is winding up part fo its example of overcoming adversity.

Guide on Official UIDAI Website

What is its full frame of UIDAI?

UIDAI alludes to Unique Identification Authority of India. It is built up under the arrangements of Aadhaar Act 2016 [ for example Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016]. UIDAI is a statutory body built up by the Government of India vide its notice no 13012/64/2016 dt 12 July 2016 under the Ministry of Electronics and Information Technology (MeitY). It is depended with the goal to issue Unique Identification number (UID) to subjects of India named as Aadhar. The reason behind acquainting Aadhar was with

  • Present a framework wherein copy and phony characters could be disposed of
  • Execute a financially savvy and proficient check and validation component.Under Aadhaar Act 2016 UIDAI embraces
  • Enlistment and Authentication
  • Guarantee Security
  • Perform validation
  • Task and Management
  • Creating strategies, technique, and framework for aadhaar enlistment
    The expert has issued in excess of 120 Crore (approx) Aadhaar numbers to Indian occupants till date and the tallies are expanding each day. In any case, the initiation of UIDAI isn’t new. It was in presence path past Aadhaar Act 2016and The voyage of UIDAI is very fascinating
  • From the Year 2009-2015
    UIDAI was filling in as a connection officer under the National Institution for Transforming India (NITI Aayog), once in the past known as arranging Commission of India from 28th Jan 2009.
  • From the Year 2015-2016
    Later on, from 25 Sep 2015 UIDAI was made a connecting officer to Department of Electronics and Information Technology (DeitY), in the past known as Ministry of Communications and Information Technology.

Vision and Mission of UIDAI?

UIDAI was built up under Aadhaar Act 2016 with the vision to

  • Give Unique Identity to the nationals of India and
  • Guarantee advanced verification 24*7 from around the globe.

The Authority’s central goal incorporates

  • Issuing Aadhaar Number
  • Consistence of Aadhaar Act
  • Make Rules and Regulations
  • Accommodate Good Governance
  • Build up a supportable association
  • Attempt Security and Confidentiality of data
  • Guarantee Technologically stable and solid foundation

What are UIDAI’s fundamental beliefs?

The Unique Identification Authority of India has an entire arrangement of fundamental beliefs through which its total working is driven. The basic beliefs of UIDAI can be quickly pointed down as under

  • Look after honesty
  • Driven by advancement
  • Have confidence in straightforwardness
  • To encourage great Governance
  • Brilliance in administrations it gives
  • Focused on building a comprehensive country
  • Incentive to accomplices and synergistic methodology
  • Ceaseless learning and quality upgrades

What is the association structure of UIDAI?

For making its striking nearness all through the nation UIDAI has a designated hierarchical structure. It has

  • One Head Quarters at New Delhi
  • Eight Regional Offices and
  • Two Data Centers

The Data Centers are situated in the two key areas of the nation in particular,

  • Hebbal, Bengaluru, Karnataka
  • Manesar, Gurugam, Haryana

Likewise, the Head Quarters of UIDAI are situated in the focal point of India for example at New Delhi having the postal location as Unique Identification Authority Of India Government Of India (GOI) Bangla Sahib Road, Behind Kali Mandir, Gole Market, NEW DELHI – 110001 The eight (8) Regional Offices of UIDAI are situated at the accompanying spots and they cover in their ambit different states or association regions

States and Union Territories covered

Regional Office

Address

Tamil Nadu, Kerala, Karnataka, Pondicherry, Lakshadweep Bengaluru UIDAI Regional Office, Bengaluru Khanija Bhavan, No.  3rd Floor, South Wing Race Course   Bengaluru -01
Haryana, Punjab, Jammu and Kashmir, Himachal Pradesh Chandigarh UIDAI Regional Office, Chandigarh SCO 139-141, 3RD AND 4TH Floor, Sector 17 -C, Chandigarh 160017
Rajasthan, Madhya Pradesh, Uttarakhand Delhi UIDAI Regional Office, Delhi Ground Floor, Pragati Maidan, New-Delhi 110001
Meghalaya, Manipur, Nagaland, AssamTripura and Sikkim, Mizoram, Arunachal Pradesh Guwahati UIDAI Regional Office, Guwahati Block -V, First Floor, House feed Complex, Beltola-Basistha Road, Dispur, Guwahati-781006
Orissa, Andaman and Nicobar, Chhattisgarh, Telangana, Andhra Pradesh Hyderabad UIDAI Regional Office, Hyderabad 6th Floor, East Block, Swarna Jayanthi Complex, Beside Matrivanam Ameerpet, Hyderabad 500 038 Telangana State
Uttar Pradesh Lucknow UIDAI Regional Office, Lucknow 3rd Floor, Uttar Pradesh Samaj Kalyan Nirman Nigam Building, TC -46/V, Vibhuti Khand, Gomti Nagar, Lucknow 226010
Goa ,Dadar and Nagar haveli , Gujarat,Maharashtra ,Daman and Diu Mumbai UIDAI Regional Office,Mumbai 7th Floor ,MTNL Exchange ,GD Somani Marg ,Cuff Parade ,Colaba Mumbai -400005
West Bengal, Bihar, Jharkhand Ranchi UIDAI Regional Office, Ranchi 1st Floor RIADA Central Office Building Namkum Industrial Area Near STPI Lowadih , Ranchi 834010

 

What are the services given by UIDAI?

The different services given by UIDAI incorporate

  • Aadhaar Enrollment
  • Age fo Aadhaar
  • Aadhaar Updation
  • E Aadhaar
  • E KYC administrations
  • Administrations of Authentication
  • Aadhaar Status Notification
  • Aadhaar Letter Delivery
  • Finding enlistment Center
  • Recover lost UID
  • Aadhaar Number Verification
  • Financial balance connecting status
  • Check your qualifications in Aadhar and so on