Income Tax
PAN and Aadhar Linking date Extended
The Government has extended the date till 30th June 2023
Reasons:
I
n order to provide some more time to the taxpayers, the date for
linking PAN
and Aadhaar has been extended to 30th June, 2023
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
From 1st July, 2023, the PAN of taxpayers who have failed to intimate their Aadhaar, as required, shall become inoperative
What Will Happen After 1st July 2023
1. no
refund
shall be made against such PANs;
What Will Happen After 1st July 2023
2. interest shall not be payable on such refund for the period during which PAN remains inoperative; and
What Will Happen After 1st July 2023
3.
TDS
and TCS shall be deducted /collected at higher rate, as provided in the Act.
Can PAN made Operative ?
The PAN can be made operative again in 30 days
Exempted from PAN-Aadhaar linking
Those persons who have been exempted from PAN-Aadhaar linking will not be liable to the consequences mentioned above.
Link Your PAN Now
Know the steps on the below link
Link Now