Key Points
The deadline for linking PAN and Aadhaar cards, which had been slated for March 31, has been extended to June 30..
Everyone is required to link it or suffer severe consequences, including increased TDS and TCS deduction...
To give taxpayers more time, Centre has prolonged the deadline for linking Permanent Account Number (PAN) and Aadhaar by three months to June 30..
"Under the provisions of the Income-tax Act, 1961(the Act) every person who has been allotted a PAN as on 1st July, 2017 and is eligible to obtain Aadhaar Number, is required to intimate his Aadhaar to the prescribed authority on or before 31st March, 2023, on payment of a prescribed fee..
The date for intimating Aadhaar to the prescribed authority for the purpose of linking PAN and Aadhaar has now been extended to 30th June, 2023," a statement from finance ministry read...
