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Thursday, 19 January 2017

ADHAR No. is mandatory for Income Tax Return?

The government plans to make linking of Aadhaar with income-tax returns mandatory in the next fiscal and link all bank accounts to the unique identity number by end of this financial year itself.  Sources in the government said the work on both fronts is moving steadily and relevant amendments to the income-tax rules for this budget are under ‘active discussion’ to ensure mandatory linkage of tax returns to Aadhaar numbers. 

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