BusinessState

CBDT amends rules for transgenders to gain PAN card

notification in this regard has been issued by the Central Board of Direct Taxes (CBDT)

In another major initiative, the government has amended Income Tax rules to accommodate transgenders to be recognized as an independent category of applicants.

This will now be used by them to obtain a Permanent Account Number (PAN) for their tax-related transactions.

A notification in this regard has been issued by the Central Board of Direct Taxes (CBDT).

It need be mentioned that the CBDT notification provides a new tick box for the transgenders to apply for the PAN.

This changes how till now only male and female gender categories were available to be chosen on the PAN application form.

Till now, the transgenders were not able to link their PAN with their Aadhaar due to this anomaly which has been done away with.

It may be recalled that PAN is a 10-digit unique alphanumeric number allotted by the I-T department to individuals and entities.

Summary
Review Date
Reviewed Item
CBDT amends rules for transgenders to gain PAN card
Author Rating
51star1star1star1star1star

Tags

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.