Aadhaar Pan Linking Deadline Extended: Due date to link PAN with Aadhaar extended to March 31, 2020

Economy


The Central Board of Direct Taxes (CBDT) has extended the due date for linking of permanent account number (PAN) with Aadhaar from 31st December, 2019 to 31st March, 2020.

This is the third time the due date has been extended.

The deadline was extended till December 31 by the CBDT through an order issued in September this year.

Loading...

Earlier, the deadline for this linkage was September 30. The CBDT frames policy for the Income Tax Department.

The Supreme Court, in September last year, had declared the Centre’s flagship Aadhaar scheme as constitutionally valid and held that the biometric ID would remain mandatory for the filing of I-T returns and allotment of PAN.

Section 139 AA (2) of the Income Tax Act says that every person having PAN as on July 1, 2017, and is eligible to obtain Aadhaar, must intimate his Aadhaar number to tax authorities.

Aadhaar is issued by the Unique Identification Authority of India (UIDAI) to a resident of India and PAN is a 10-digit alphanumeric number allotted by the I-T Department to a person, firm or entity.





Source link

Articles You May Like

National policies on e-commerce, retail trade, logistics, industry in final stage of drafting: Som Parkash
Karnataka staring at Rs 65,000 crore drop in revenues, says ex-GST Council member
Hasbro, Dunkin’ Brands, AstraZeneca, Delta & more
Genetic testing for cancer risks: Here are the costs
Restaurant Brands International (QSR) Q3 2020 earnings top estimates

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading...