Deadline for linking PAN to Aadhaar extended

BusinessDeadline for linking PAN to Aadhaar extended

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Deadline for linking PAN to Aadhaar extended

New Delhi: The central government has decided to extend the deadline to link PAN to Aadhaar. This information was given in a tweet from Income Tax India. The deadline for linking PAN to Aadhaar has now been extended to June 30. According to the tweet, this decision has been taken in view of the difficulties caused by the outbreak of Covid-19. Significantly, even before this, the central government has extended the time to link PAN from Aadhaar many times.

Last Tuesday, the Finance Bill, 2021 was passed in the Lok Sabha, in which, under the Income Tax Act, 1961, new section 234H provides that in the event of not having the Aadhaar link with PAN, any person can now get a maximum of Rs 1,000 May have to pay a fine of Rs. Apart from this, the problems due to the person’s PAN being declared illegal, so different.

Section 139AA (2) of the Income Tax states that every person, who had a PAN card on July 1, 2017, or was eligible to have an Aadhaar card, must link the PAN with Aadhaar. At the same time, those who have an Aadhaar card, it is mandatory to give their Aadhaar number to the tax authorities in their return file and PAN allotment form.

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