The Government on Sunday extended the last date for linking Permanent Account Number (PAN) with biometric ID Aadhaar till September 30.
The Central Board of Direct Taxation (CBDT) clarified that after reports that those PANs which are not linked with Aadhaar number by March 31 may be invalidated, the step was taken to extend the deadline by six months.
"It has been reported in some sections of the media that those PANs which are not linked with Aadhaar number by 31.03.2019 may be invalidated. The matter has been considered by the Central Government and now the cut-off date for intimating the Aadhaar number and linking PAN with Aadhaar is 30.09.2019, unless specifically exempted," said a statement.
It is also made clear that w.e.f.01.04.2019, it is mandatory to quote and link Aadhaar number while filing the return of income, unless specifically exempted.
— Income Tax India (@IncomeTaxIndia) March 31, 2019
CBDT issues clarification on linking of PAN with Aadhaar.
— Income Tax India (@IncomeTaxIndia) March 31, 2019
There were reports in media that PANs which are not linked with Aadhaar by 31.03.2019 may be invalidated. Now,the cut-off dt for intimating Aadhaar no & linking PAN with Aadhaar is 30.09.2019, unless specifically exempted
However, quoting and linking of Aadhaar number will be mandatory while filing income tax returns (ITRs) with effect from April 1, 2019.
"Notwithstanding the last date of intimating/linking of Aadhaar Number with PAN being 30.09.2019, it is also made clear that w.e.f. 01.04.2019, it is mandatory to quote and link Aadhaar number while filing the return of income, unless specifically exempted," added the statement.
This is the sixth time the government has extended the deadline for individuals to link their PAN to Aadhaar.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.