Situations where Aadhaar can be substituted for PAN | Fusion - WeRIndia

Situations where Aadhaar can be substituted for PAN

Situations where Aadhaar can be substituted for PAN

The Finance Minister Nirmala Sitharaman in the Union Budget announced that Aadhaar can be used in the place of PAN in certain situations.

Here is a list of those situations:

  • The finance minister announced that both Aadhaar and PAN can be used interchangeably. With this, the income tax returns can now be filed with Aadhaar card number.
  • Those who do not have PAN at the time of filing their returns can do it through their unique ID. The IT department will issue a PAN card to them later.
  • Aadhaar card can be used for cash transactions of above ₹50,000. Initially, these transactions require a PAN, but now one can use his/her Aadhaar card number for such transactions.
  • Aadhaar card can be used for a cash deposit or withdrawal of over ₹50,000.

However, PAN is a must for doing certain transactions and Aadhaar card cannot be substituted in certain situations.

Here is a list of such circumstances:


  • You have to provide your PAN card details if your hotel bill is valued at over ₹50,000 and you are paying the bill with cash.
  • If Your foreign travel bills exceed ₹50,000, then you have to furnish your PAN details.
  • If you buy an immovable property which is valued at over ₹10 lakh, then you have to quote your PAN number for such transactions.
  • Certain messages are rounding on the internet stating that PAN cards that are not linked with Aadhaar cards of the users will be invalid by August 31, 2019.
  • However, Revenue Secretary Ajay Bhushan Pandey emphasized that PAN will not be terminated even if it is not linked to Aadhaar card as both can now be used interchangeably.
  • Yet, the government in this regard suggests that linking PAN with Aadhaar within a notified date is mandatory to avoid the termination of PAN.

Image Reference: Goodreturns

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