Aadhaar-PAN Linking Last Date June 30: What Happens if You Miss Deadline
News 18The central government had extended the deadline to link Permanent Account Number and Aadhaar card, considering the pandemic situation in the country. In its notification, the Central Board of Direct Taxes has said if anyone fails to link PAN card to Aadhaar card, it will become inoperative. It also clarified that in case user slink their PAN with Aadhaar Card after the deadline passes, then the PAN card will “become operative from the date of intimation of Aadhaar number.” In Budget 2021, the central government added a new section 234H in the Income tax Act, 1961, where a fee can be levied from individuals if their PAN is linked with Aadhaar after the due date. According to income tax laws, if an individual’s PAN becomes inoperative because of not linking it with Aadhaar by June 30, and such person is required to furnish or quote PAN, then it shall be deemed that they have not furnished/intimated/quoted the required document.