I-T dept may make d-o-b proof mandatory for PAN card
Quotes

I-T dept may make d-o-b proof mandatory for PAN card

Last Updated: Thursday, July 04, 2013, 17:54
 
 Comment 0
 
I-T dept may make d-o-b proof mandatory for PAN card
New Delhi: As part of its drive against fake Permanent Account Number, the Income Tax department is considering making proof of date-of-birth mandatory for issuance of PAN card.

"The department might ask for proof of date-of-birth for issuing a PAN card. Ration cards and rent receipts might no longer be accepted as proofs of identity and address for issuance of a PAN card," sources in the finance ministry said.

According to officials, in most cases of fraud, people have furnished fake ration cards and rent receipts to get PAN card.

As of now, depository account statement, bank account statement /passbook, ration card, passport, voter identity card, driving licence, property tax assessment order and certain other documents are accepted as proof of identity as well as address.

"We will soon prescribe a format for PAN verification to make the system foolproof and robust," sources said.

The sources further said that a notification regarding streamlining process of PAN verfication will be issued soon and it will apply only to fresh applicants.

Recently, the I-T department has found a number of individuals possessing fake PAN cards as identity proof.

According to the official data, 170 million people in India have PAN cards, while only 30 million of them file income tax returns.

Many people who do not file tax returns get PAN card as it works as identity proof at many places.

The finance ministry had last year brought out a new PAN application form-- 49A for use of Indian citizens, companies and entities incorporated in the country which allows a applicant to mention his or her Aadhaar number.

PTI


First Published: Thursday, July 04, 2013, 17:54


Comments


comments powered by Disqus
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
John Kery with Indian Biz Honchos
John Kery with Indian Biz Honchos
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved