The Income Tax department has extended the deadline for PAN-Aadhaar linking.Rounak Jain
The Income Tax department has extended the deadline for linking of PAN with Aadhaar.
The new deadline for linking PAN with Aadhaar is June 30, 2021.
If any individual fails to link their PAN with Aadhaar before this deadline, their PAN will be marked inoperative.
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In a major relief to users who were unable to link their PAN with their Aadhaar, the Income Tax department today announced the extension of the deadline from March 31 to June 30, 2021.
This was announced by the Income Tax department on Twitter. It cited difficulties faced by users due to the COVID-19 pandemic for the extension of the deadline.
Apart from this, the government has also extended the deadline for the date of issue of notice under Section 148 of Income-tax Act, 1961, passing of consequential order for direction issued by the Dispute Resolution Panel (DRP) and processing of equalisation levy statements to April 30, 2021. Simply put, this is relevant in cases where income of a taxpayer might have escaped the Income Tax department’s assessment.
The government had first announced in 2017 that it would require all individuals to link their PAN with Aadhaar. While it has given several extensions since then, this year it has finally been made mandatory.
If any individual fails to link their PAN with Aadhaar before June 30, their PAN will be marked inoperative and the government could also levy a penalty of up to ₹1,000.
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