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of <h1>Amendment to Section 139AA: Link Aadhaar with PAN by deadline or PAN becomes inoperative starting September 1, 2019.</h1> The Finance Bill 2019-20 proposes an amendment to Section 139AA, stating that if an individual fails to link their Aadhaar number with their PAN by the notified date, their PAN will become inoperative. This change aims to protect the validity of transactions conducted using such PANs before they become invalid. The amendment is set to take effect from September 1, 2019.
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