Pan and Aadhar Linking date extended to 30th June 2023
Pan and Aadhar Linking date extended to 30th June 2023

PAN and Aadhar Linking Date Extended to 30th June 2023

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Synopsis: The Government has extended the date of PAN and Aadhar linking to 30th June 2023.

PAN and Aadhar Linking Date Extended: The Ministry of Finance has issued press release on 28th March 2023, in that press release ministry of finance has extended the date of linking PAN with Aadhar extended to 30th June 2023.

The Ministry Stated that:

In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions. Notification to this effect is being issued separately.

Under the provisions of the Income-tax Act, 1961(the ‘Act’) every person who has been allotted a PAN as on 1st July, 2017 and is eligible to obtain Aadhaar Number, is required to intimate his Aadhaar to the prescribed authority on or before 31st March, 2023, on payment of a prescribed fee. Failure to do so shall attract certain repercussions under the Act w.e.f. 1st April, 2023. The date for intimating Aadhaar to the prescribed authority for the purpose of linking PAN and Aadhaar has now been extended to 30th June, 2023.

How to Link PAN with Aadhar?

How to Link Aadhar With PAN With Penalty Rs. 1000

SYNOPSIS: Link Aadhar with Pan by Paying penalty of Rs. 1,000. Pan and Aadhar linking date extended. Linking Aadhar with PAN is now mandatory as per the Section 139AA of the Income Tax Act, if you have not linked yet now then still you have a chance to link pan with Aadhar till 31st March…

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What Will Happen After 1st July 2023

From 1st July, 2023, the PAN of taxpayers who have failed to intimate their Aadhaar, as required, shall become inoperative and the consequences during the period that PAN remains inoperative will be as follows:

1. no refund shall be made against such PANs;

2. interest shall not be payable on such refund for the period during which PAN remains inoperative;  and

3. TDS and TCS shall be deducted /collected at higher rate, as provided in the Act.

The PAN can be made operative again in 30 days, upon intimation of Aadhaar to the prescribed authority after payment of fee of Rs.1,000.

Those persons who have been exempted from PAN-Aadhaar linking will not be liable to the consequences mentioned above. This category includes those residing in specified States, a non-resident as per the Act, an individual who is not a citizen of India or individuals of the age of eighty years or more at any time during the previous year.

Ministry stated that more than 51 crore PANs have already been linked with Aadhaar till date. PAN can be linked with Aadhaar by accessing the following link .

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