The government extended the deadline for linking PAN with Aadhaar by three months on Tuesday, to June 30, to allow citizens to comply with obligatory income tax provisions.
The deadline for linking PAN with Aadhaar was March 31. Failure to link the two unique identities, according to the income tax department, will result in the unlinked PAN being inoperative.
People have asked for extra time to link their PAN (Permanent Account Number) with their unique 12-digit identity number Aadhaar, including political parties.
“In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to June 30, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions,” the finance ministry said in a statement on Tuesday.
The government had previously pushed back the deadline multiple times. From April 1, 2022, the government had imposed a fee of Rs 500 on linking of PAN with Aadhaar, which was later increased to Rs 1,000 from July 1, 2022.
More than 51 crore PANs have been linked with Aadhaar so far.
According to the provisions of the Income Tax Act of 1961, anyone who had been assigned a PAN as of July 1, 2017 and was eligible to obtain an Aadhaar Number was required to intimate his or her Aadhaar to the prescribed authority on or before March 31, 2023, on payment of a prescribed fee.
Not being able to do so would have attracted certain repercussions under the Act from April 1, 2023.
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“The date for intimating Aadhaar to the prescribed authority for the purpose of linking PAN and Aadhaar has now been extended to June 30, 2023,” the statement said.
PAN of taxpayers who have not intimate their Aadhaar shall become inoperative from July 1, 2023. If the PAN becomes inoperative, the taxpayer will be unable to claim a tax refund or interest on it. TDS and TCS will be deducted/collected at a higher rate from them as well.
“PAN can be made operative again in 30 days, upon intimation of Aadhaar to the prescribed authority after payment of fee of Rs 1,000,” the ministry said.
Those who have been exempted from PAN-Aadhaar linking will not face any consequences.
This category includes residents of specified states, non-residents as per the Income Tax Act, individuals who are not citizens of India, and individuals of the age of eighty years or more at any time during the previous year.
Last week, Congress leader in Lok Sabha Adhir Ranjan Chowdhury urged Prime Minister Narendra Modi to extend the deadline for linking PAN with Aadhaar by six months and remove the Rs 1,000 fee.
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