homefinance NewsPAN Aadhaar card linking deadline extended till June 30; Check details

PAN-Aadhaar card linking deadline extended till June 30; Check details

As per the the Income-Tax Department tweet, the PAN Card-Aadhaar Card linking last date has been extended till June 30, 2021,

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By CNBC-TV18 Mar 31, 2021 8:41:30 PM IST (Updated)

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PAN-Aadhaar card linking deadline extended till June 30; Check details
In view of the difficulties arising out of the COVID-19 pandemic, the Narendra Modi government on Wednesday has extended the last date for PAN-Aadhaar linking.

As per the Income-Tax Department tweet, the PAN Card-Aadhaar Card linking last date has been extended till June 30, 2021.
The previous deadline for linking PAN and Aadhaar was March 31, 2021.
If the two are not linked by the stipulated deadline, then PAN may become 'inoperative'. This means that users will no longer be able to conduct any financial transactions where quoting PAN is mandatory.
Also, recently government passed the Finance Bill 2021 in the Lok Sabha and inserted a new section 234H under which a person may be liable to pay a late fee of up to Rs 1,000 in case of non-linking of their PAN with Aadhaar. However, a detailed clarification regarding this is still pending.
Meanwhile, subscribers who have not linked the two can visit the official e-filing website of the Income Tax (I-T) department to do the seeding. The Income Tax Department also provides an SMS-based facility to enable the linking of Aadhaar with PAN.
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, must intimate his Aadhaar number to tax authorities.
Aadhaar is issued by the Unique Identification Authority of India (UIDAI) to a resident of India and PAN is a 10-digit alphanumeric number allotted by the IT Department to a person, firm or entity.

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