Aadhaar-PAN Link: The last date to link your Aadhaar Card with PAN Card is here and as per last updates
Aadhaar-PAN Link: The last date to link your Aadhaar Card with PAN Card is here and as per last updates, March 31, 2023 is the final deadline to do this. However, as per a latest report, the government is likely to extend this deadline but with a penalty.
According to a report in the Economic Times, the government is likely to extend this deadline to link PAN with Aadhaar by another two to three months. However, people who will be linking after March 31 may have to pay a late fee.
If the deadline to link Aadhaar with PAN is extended, the Central Board of Direct Taxes (CBDT) could also issue a notification soon. Even before this, the CBDT had extended the deadline from March 30, 2022 to this March 31, 2023. Back then, it set a fee of Rs 500 for up to three months from April 1, 2022 and Rs 1,000 after that.
As per information available on the Income Tax e-filing website as of today (March 28), PAN cardholders are required to complete the Aadhaar linking process by March 31 by paying a fee of Rs 1000. The official link of PAN-Aadhaar linking is: https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar)
On March 18, the Income Tax department tweeted, “As per IT Act,1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar before 31.3.23. From 1.4.23, the unlinked PAN shall become inoperative.”