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CBDT has amended Rule 114 to facilitate interchangeability of PAN with Aadhaar
Notification No. 59/2019, dated 30-08-2019
The Finance (No. 2) Act, 2019 has amended Section 139A to make PAN and Aadhaar interchangeable. Now, the CBDT has amended Rule 114 of Income-tax Rules, 1962 to provide that a person, who has not been allotted a PAN, shall be deemed to have applied for the same if he has intimated his Aadhar in lieu PAN.
Further, assessees not possessing PAN can apply for it by intimating his Aadhaar only, no additional document shall be required.