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TimesSpecial THE TIMES OF INDIA,

SATURDAY, JUNE 10, 2017

SC upholds law making PAN


linking with Aadhaar must
Those Without TAKE MEASURES TO PREVENT DATA LEAK Post offices to fix,
SC upholds validity of law, enactment at a time when the
UID Can File but says the PAN cards of
assessees without Aadhaar
validity of Aadhaar itself was
pending consideration before
update Aadhaar info
Returns This Yr should not be treated as
invalid for now. Those with
the Constitution bench of the
Supreme Court
T he government has decided
to hand over the updation of
Aadhaar details, such as change
Dhananjay.Mahapatra PAN but no Aadhaar can still The bench said it has not in address or updating mobile
@timesgroup.com le I-T returns this year expressed any opinion on the number and correcting errors, to
Govt needs to take urgent validity of Aadhaar post offices across the country,
New Delhi: In a major victo- reports Mahendra Singh. Post
ry for the Narendra Modi go- measures to assuage citizens Section 139AA of the I-T
apprehension about leakage of offices are also likely to be
vernment that is set on mak- Act is not discriminatory nor
data concerning Aadhaar-PAN entrusted the task of Aadhaar
ing Aadhaar compulsory for it offends equality clause enrolment. The decision will
several kinds of transactio- linkage, says SC enshrined in Article 14 of the mean a business of around
ns, the Supreme Court up- Petitioner had questioned Constitution, SC says Rs 1,000 crore every year. TNN
held on Friday the law ma-
king the UID number a must We hold that Parliament was but have not yet got Aadhaar said, A person who is holder
for filing income tax returns fully competent to enact Sec- can still file their income tax of PAN and if his PAN is inva-
and its linkage to PAN card. tion 139AA of the I-T Act and returns this year. lidated (for want of Aadhaar
 FULL COVERAGE | PAGE 11 its authority to make this law The Supreme Court orde- linkage as he did not have
was not diluted by the orders red that Section 139AA would Aadhaar number), he is bo-
In what could cheer up the of this court. be applied prospectively and und to suffer immensely in
government, which faced an- However, it clarified that said the government needed his day-to-day dealings,
xious times while defending those assessees who are not to take urgent measures to which situation should be av-
validity of Section 139AA of Aadhaar card holders and do assuage citizens apprehen- oided till the Constitution
the Income Tax Act introdu- not comply with the provision sion about the leakage of da- bench of the Supreme Court
ced through the Finance Act, of Section 139(2), their PAN ta concerning Aadhaar and authoritatively determined
2017, a bench of Justices AK cards be not treated as invalid PAN linkage. the validity of Aadhaar.
Sikri and Ashok Bhushan, in for the time being. This me- Justice Sikri, who wrote
a 155-page judgment, ruled: ans that those who have a PAN the judgment for the bench,  Aadhaar validity, P 11

Govt plans Investors: Infy share Probe on into


tunnel link plastic rice,
on KIA Rd sale no bad thing eggs, sugar
TIMES NEWS NETWORK

T
he Karnataka govern- SCARE ON BOURSES TIMES NEWS NETWORK
ment is mulling over a Bengaluru: Investors and Infosys shares tank Bengaluru: With rumours
proposal to build a former Infoscions said it wo- 4% in early-morning trade, about plastic rice, plastic eggs
tunnel between Mehkri Cir- uld not be a bad thing if In- but recover to close with and plastic sugar raising sus-
cle and Columbia Asia Hos- fosys cofounders were to sell 0.78% decline picions about the quality of
pital along Ballari Road to their stake in the company, food being consumed, the Kar-
Some investors say it isnt a
facilitate smooth traffic to though it will be a pivotal nataka government has or-
bad thing for founders to sell
the international airport. moment for Indias second- dered an inquiry to know the
their stake in the company
Bengaluru development largest IT services provider. facts on the ground.
minister KJ George on Fri- One of the biggest insti- Company cofounder NS Replying to the issue
day met officials of a Bul- tutional shareholders in the Raghavan says stake sale is a raised by CT Ravi (BJP) in the
garian company to discuss company, Aberdeen Asset question of quantum and speed legislative assembly on Fri-
the project and its details. Management, said if the An industry expert says day, health minister KR Ra-
 FULL REPORT | PAGE 6 news of the founders explo- share sale may be better in mesh Kumar said: Food ex-
ring share sale was true, the long run for both founders perts and scientists have
Interestingly, in March maybe moving on is no bad and company ruled out plastic rice or eggs.
this year, the government thing. Asked if such a move Since reports keep surfacing
dropped the controversial will affect investor senti- 0.78% decline. NYSE-listed in the media, we have ordered
steel bridge on the same ments, Aberdeen Asia MD Infosyss ADR opened in the an inquiry. We will ascertain
stretch following public out- Hugh Young said, Both wa- red with the stock down if these are a fallout of gossip
cry over the huge cost of the ys, I guess. Gets it over and 2.82% to $14.86 apiece in ear- or if there is any truth.
project and a possible axing done with and hopefully ly-Friday trading. Ravi said plastic food items
of hundreds of trees along stops the badmouthing, whi- The fall in Infosys share were adding to the fear factor
the planned stretch. Many le it is extremely sad the in- price dragged the broader IT among the public. Joining the
urban experts have shot spirational founders have index on Friday with shares discussion, food and civil sup-
down the tunnel proposal left. Again, if true. of TCS and Wipro declining plies minister UT Khader
too, saying it is not feasible Infosys shares tanked 4% 0.5% and 1.6%, respectively. spiked reports about plastic
for the citys terrain and the in early-morning trade, but rice being supplied under the
cost will also be huge. recovered to close with Promoters vs board, P19 Anna Bhagya programme.

STATOISTICS
WHERE AIR INDIA BEATS ITS AMERICAN RIVALS
Indian national carrier is one of the worlds smallest and most loss-laden airlines with a
cumulative debt of 50,000 crore. But a comparison of global
airlines on price-service matrix showed Air India to be better than
two American airlines, United and American, and at the same
level as the thirdDelta. May be bakra isnt what the potential
buyer of Indias oldest airline is likely to be.
250,000
INTERNATIONAL AIRLINES PRICE VS SERVICE 125,000
TOTAL FLIGHTS, 50,000
NORTH AMERICAN EUROPEAN ASIAN Q4 2015 5,000
4.5

EXPENSIVE, Singapore Airlines ANA CHEAP,


SATISFYING SATISFYING
4.0
5)
OF5)

Cathay Pacc
(OUTOF

KLM
RATING(OUT

Emirates
Japan Airlines Lufthansa
3.5
CUSTOMERRATING

Turkish British Airways Air France


Airlines
Virgin Atlantic
COSTOMER

3.0
Delta
Air Canada China Eastern
Air China
2.5 Air India
American
Airlines
EXPENSIVE, CHEAP,
UNSATISFYING United UNSATISFYING
2.0 Airlines
115 110 105 100 95 90 85

PRICE RELATIVE TO GROUP AVERAGE


Sources: The Economist 1843, ightStats.com; Skytrax, Google Flight; airlines

5 STANDOUT MOMENTS IN THE UK POLLS


Corbyns high ve goes Highest turnout since 1992
embarrassingly wrong
N early 70% of Britons voted in what was
the highest turnout in 25 years. The
J eremy Corbyn accidentally slapped
party colleague Emily Thornberrys
chest as they took part in the most awk-
more than 32 million votes this time out of
a possible 46.9 million is second only
to the 33.6 million votes polled in the
ward high-ve ever following Labours
1992 election.
sterling performance.
No. of female MPs cross 200,
more than ever before
W ith their intake surpassing 200, the
UK parliament will have more female
MPs than ever before. In 2015, 196 women
were elected to the House of Commons.
Mr Fish Finger at the
Oscars moment: Snap polls hustings in a very Brit poll
declare wrong winner
T he Manseld count suffered its own
Oscars moment when the returning
E lection watchers around the world
were puzzled by the peculiar tradition
in UK politics of quirky candidates. Lord
ofcer announced the wrong winner. Buckethead, a self-described interga-
While Ben Bradley won the seat for the lactic space lord, took on Theresa May in
Tories for the rst time ever, Labour Maidenhead while Lib Dems Tim Farron
candidate Sir Alan Meale was mistakenly defeated, among others, Mr Fish Finger in
declared the winner. Westmorland and Lonsdale.

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