Last Date to Link PAN to Aadhaar Card: The last date for linking Aadhaar with PAN has been extended by the government. In a tweet, Anurag Thakur, Union Minister of State for Finance & Corporate Affairs, has made particular vital announcements and also informed about the last date extension of Aadhaar-PAN. The last date for linking Aadhaar with PAN now stands as September 30, 2021.
There has been an extension of 3 months granted for PAN-Aadhaar linking. From 30th June, the last date has been extended till 30th September for linking PAN with Aadhaar.
Keeping in view the troubles faced by taxpayers, the Central Government had earlier issued a notification concerning extending the last date for the intimation of Aadhaar quantity and linking thereof with PAN to 30th June, 2021.
In addition, there have been particular other announcements for the advantage of taxpayers. “The extension of various due dates, be it for PAN-AADHAAR linking, for payment of tax/ penalty under Vivaad se Vishwas scheme, completion of assessment proceedings, completion of penalty proceedings, registration of charitable trusts and institutions for income tax exemption, etc. will provide additional time, both to taxpayers as well as tax authorities for meeting the timeline,” says Shailesh Kumar, Partner, Nangia & Co LLP.
If you currently have the permanent account quantity (PAN ) card and are eligible to get Aadhaar quantity or you have currently acquired one, then you are expected to intimate the Aadhaar quantity to the Income Tax Department. Your PAN Aadhaar linking wants to be completed, else the PAN will turn out to be ‘inoperative’.
Once the PAN becomes inoperative, one will not be capable to undergo various transactions exactly where PAN is expected to be quoted mandatorily. The Income Tax Department has specified 18 economic transactions exactly where quoting of PAN is mandatory by an person. In such circumstances, the transactions could be carried out only when the PAN and Aadhaar are linked, therefore producing the PAN re-active.
To hyperlink Aadhaar with the PAN card, one may well go to the e-filing web-site of the Income Tax Department. One may well use log-in credentials or even without the need of logging, the linking of Aadhaar and PAN can be completed. The Income Tax Department has made it clear that for filing of ITR, Aadhaar and PAN linkage is mandatory unless particularly exempted.