Only three days left! Your PAN card may become useless – Do this NOW

By: |
Updated: September 27, 2019 10:38:35 PM

PAN Card-Aadhaar Card linking: Only three days are left for the end of PAN-Aadhaar linking deadline.

PAN-Aadhaar linking deadline is coming soon, know how to linkPAN-Aadhaar link deadline is September 30, 2019.

PAN Card-Aadhaar Card linking: Only three days are left for the end of PAN-Aadhaar linking deadline. PAN not linked with Aadhaar in the next three days may become useless from next month. There is, however, no need to worry for those who have already linked their PAN with Aadhaar. On 31st March this year, Central Board of Direct Taxes (CBDT) of Ministry of Finance had issued a notification clarifying that the deadline for PAN-Aadhaar linking was extended till September 30, 2019. The CBDT statement said, “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. ”

The government had also made clear that quoting and linking Aadhaar was mandatory for filing Income Tax Return.

“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,” CBDT had said.

The deadline for PAN-Aadhaar linking has been extended multiple times in past. So, it is unlikely that the government will once again increase the deadline.

Must Watch: How to download new form of Aadhaar Card in 10 simple steps

According to Finance Bill 2019, all such PAN cards not linked with Aadhaar will become “inoperative”. This means, such cards will not be treated as being in use.

Linking PAN with Aadhaar is easy. It can be done in a few minutes on Income Tax e-filing website. You need your 12-digit Aadhaar and 10-digit PAN to complete the linking process under the “Link Aadhaar” on Income Tax website.

There is however still not much clarity about the term “inoperative”.

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.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Not furnishing PAN or Aadhaar? You won’t get this latest benefit announced by Modi govt