The central authorities on Wednesday prolonged the deadline for linking Aadhaar quantity with everlasting account number (PAN) to June 30, 2021. The earlier deadline was March 31.
“Central Government extends the last date for linking of Aadhaar number with PAN from 31st March, 2021 to 30th June, 2021, in view of the difficulties arising out of the COVID-19 pandemic,” the Income Tax division mentioned in a tweet.
Central Government extends the final date for linking of Aadhaar quantity with PAN from thirty first March, 2021 to thirtieth June, 2021, in view of the difficulties arising out of the COVID-19 pandemic.(1/2)@nsitharamanoffc@Anurag_Office@FinMinIndia
— Income Tax India (@IncomeTaxIndia) March 31, 2021
The authorities had mentioned those that miss the deadline might be liable to pay a penalty of as much as Rs 1,000 and their PAN will develop into invalid.
The date for difficulty of discover underneath Section 148 of Income Tax Act,1961, passing of consequential order for path issued by the Dispute Resolution Panel (DRP) and processing of equalisation levy statements has additionally been prolonged to thirtieth April, 2021.
The authorities handed the Finance Bill 2021 within the Lok Sabha final week the place it inserted a brand new part 234H underneath which an individual shall be liable to pay a late charge of as much as Rs 1,000 in case of non-linking of their PAN with Aadhaar.
“234H. Without prejudice to the provisions of this Act, where a person is required to intimate his Aadhaar number under sub-section (2) of section 139AA and such person fails to do so on or before such date, as may be prescribed, he shall be liable to such fee, as may be prescribed, not exceeding one thousand rupees, at the time of making intimation under sub-section (2) of section 139AA after the said date,” the invoice mentioned.
