​​​
  1. Aadhaar card, PAN card link: Will relief from deadline be granted and date extended? See what report says

Aadhaar card, PAN card link: Will relief from deadline be granted and date extended? See what report says

Aadhaar card PAN card link: The Finance Ministry is expected to decide on Thursday whether to extend the deadline to link Aadhaar card with PAN card.

By: | New Delhi | Published: August 30, 2017 9:39 PM
Aadhaar card, PAN card link, Finance Ministry, Supreme Court The deadline to link Aadhaar for availing social schemes has been extended till December.

Aadhaar card PAN card link: The Finance Ministry is expected to decide on Thursday whether to extend the deadline to link Aadhaar card with PAN card. As per PTI,  the Aadhar matter is with the Supreme Court and the next date of hearing is in November. The deadline to link Aadhaar for availing social schemes has been extended till December. “The government will decide tomorrow if the deadline for PAN-Aadhaar linking will be extended,” the agency quoted as source as saying.

As per the report, the Section 139 AA (2) of the Income Tax Act says that every person with PAN as on July 1, 2017, and is eligible for Aadhaar must provide his Aadhaar number to tax authorities. However, those who have categorised as Non-Resident Indians as per income tax norms, Those who are not Indian citizens, those who are above 80 years of age and residents of Meghalaya, Assam and Jammu and Kashmir had been exempt from the requirement.

On July 31, the tax department said that that “unless a finding is made that Aadhaar is constitutionally not valid, tax return filers will need to link their PAN with Aadhaar by August 31, 2017,” the PTI report said. According to the agency, December 31 is also the deadline for the people to link their bank accounts with Aadhaar. It said that Tax filers, however, were permitted to file their annual income returns by August 5 without linking  Aadhaar with PAN. It added that “income tax returns filed will not be processed should tax filers fail to link Aadhaar and PAN on or before August 31, 2017“.

Earlier, the Centre had told the Supreme Court that it was extending deadline for quoting Aadhaar in welfare schemes till the end of this year. The deadline to connect PAN with Aadhaar earlier was July 31, but was extended to August 31, PTI said.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top