What if I give wrong Aadhaar Number?






Lijo Lijo
Answered on November 13,2019

The latest amendments to the Income Tax Act 1961, allows people to use Aadhaar in place of PAN but also introduced a penalty for giving a false Aadhaar number. The amount of penalty shall be INR 10,000 for each default.

The new penalty rules are, however, applicable only in cases where you are using Aadhaar in place of PAN and where quoting PAN is mandatory according to the income tax department rules. Such examples include, filing of income tax returns (ITR), opening of bank account, demat account and buying mutual funds, bonds, etc worth more than 50,000.

You are fined if:

  • You give invalid Aadhaar number in lieu of PAN.

  • You fail to provide either your PAN or Aadhaar in specified transactions.

  • Simply giving your Aadhaar number might not be enough as if you are required to authenticate your biometric identity then any failure to do so will also lead to a fine.

Under the rules, even banks, financial institutions, etc can be fined if they fail to ensure that the PAN or Aadhaar are duly quoted and authenticated.

Also, note that the rule provides for INR 10,000 fine in each such case which means that if you have given a wrong Aadhaar number in 2 forms then you can be fined INR 20,000. So better be careful while filling out forms.


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