Aadhaar or PAN quoting requirement: Aadhaar may be used in lieu of PAN and must be quoted and authenticated in prescribed transactions. Persons entering into Board-prescribed transactions must apply for PAN; where an individual lacks PAN but has Aadhaar they may quote Aadhaar in lieu of PAN and shall be allotted a PAN in the prescribed manner. Persons with PAN who have intimated Aadhaar under section 139AA(2) may quote Aadhaar instead of PAN. Transactional documents must quote and have authenticated the PAN or Aadhaar as prescribed, and recipients must verify quoting and authentication. The Board may prescribe transaction categories and the manner of quoting and authentication.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Aadhaar or PAN quoting requirement: Aadhaar may be used in lieu of PAN and must be quoted and authenticated in prescribed transactions.
Persons entering into Board-prescribed transactions must apply for PAN; where an individual lacks PAN but has Aadhaar they may quote Aadhaar in lieu of PAN and shall be allotted a PAN in the prescribed manner. Persons with PAN who have intimated Aadhaar under section 139AA(2) may quote Aadhaar instead of PAN. Transactional documents must quote and have authenticated the PAN or Aadhaar as prescribed, and recipients must verify quoting and authentication. The Board may prescribe transaction categories and the manner of quoting and authentication.
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