PAN-Aadhaar Linking Deadline Extended: Check New Date, Fees, Penalty And Other Details

Giving the much needed respite to lakhs of Pan Card holders in the country, the Income Tax Department has extended the deadline to link PAN with Aadhaar till 30 June.

"In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions. Notification to this effect is being issued separately," said an Income Tax Circular.

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. Failure to do so shall attract certain repercussions under the Act w.e.f. 1st April, 2023. 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.

Last year, the Income Tax Department stated that failure to link a PAN with an Aadhaar by March 31 could result in a penalty of up to Rs 1,000; however, such a PAN would continue to be usable for one more year, until March 2023, for the purposes of filing ITRs, requesting refunds, and other I-T procedures.