Aadhaar-PAN Linking Deadline Extended For A Quarter: Five Things You Must Know

Aadhaar-PAN Linking Deadline Extended For A Quarter: Five Things You Must Know

The deadline for linking of Aadhaar card and Permanent Account Number (PAN) was today further extended to June 30 from March 31, the government said. The Central Board of Direct Taxes (CBDT), the policy-making body of the tax department, extended the Aadhaar-PAN linking deadline from the current last date of March 31, stated a report by Press Trust of India. The order said the deadline for PAN-Aadhaar linking for filing income tax returns is being extended after “consideration of the matter”.

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The latest CBDT order comes after the Supreme Court recently extended the deadline to link Aadhaar with various other services.

However, the government has now made the quoting of Aadhaar card, the 12-digit unique identity number issued by the Unique Identification Authority of India (UIDAI), mandatory for filing income tax returns as well as obtaining a new PAN.

The Central Board of Direct Taxes (CBDT), further extends the date for linking of Aadhaar with PAN from 31st March, 2018 to 30th June, 2018.

— Income Tax India (@IncomeTaxIndia) March 27, 2018

Section 139 AA (2) of the Income Tax Act says that every person having PAN as on July 1, 2017, and eligible to obtain Aadhaar card number, must intimate his Aadhaar number to the tax authorities.

As per updated data till March 5, over 16.65 crore PANs, out of the total about 33 crore, have been linked with Aadhaar card numbers.

The earlier deadlines for linking the two databases were July 31, August 31 and December 31, 2017, with the last being March 31 this year.

 

Source by msn..

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