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More than 12 crore PAN cards remain unlinked, with 11.5 crore of them facing deactivation due to non-compliance, said I-T dept in a RTI reply
Difference of even a single alphabet in the names given means linking won't happen
Aadhaar and PAN must be linked by June 30. An inoperative PAN, higher TDS and TCS rates, and no tax refunds are all possible outcomes of non-compliance
PAN-Aadhaar link online: If the two cards are not linked by the deadline, the PAN card will become inoperative
Pan-Aadhaar link last date: Centre had earlier fixed the last date to link the cards as March 31
A key feature of the portal is to identify the transactions by linking each user ID with PAN number
Pan-Aadhaar link last date: Centre has fixed the last date to link the two cards as March 31
The Income Tax Department on Monday issued a public message saying it was "mandatory" to link PAN with Aadhaar and advised people not to "miss" the stipulated deadline of March 31. The department had last month said Permanent Account Number (PAN) will become "inoperative" if it is not linked with Aadhaar by this date. "Don't miss the deadline!" "It is mandatory to link your PAN and Aadhaar before 31st March, 2020. You can do it through Biometric Aadhaar authentication & also by visiting the PAN service centers of NSDL and UTITSL," the department said in the latest post on social media. In a video, attached with the message on its Twitter handle @IncomeTaxIndia, it said such a linking is for a "beneficial tomorrow". The video described that there are two ways to complete this task: 1. Send SMS to 567678 or 56161 in the format: UIDPAN12digit Aadhaar>10digitPAN> 2. Through e-filing portal of the department: www.incometaxindiaefiling.gov.in. The Central Board of Direct Taxes
In an 86-page circular on the matter, CBDT directed mandatory quoting of PAN or Aadhar number by employees under Section 206 AA of the Income Tax Act.
The bench said linking of accounts with social media platforms with Aadhaar, PAN or any other identity document requires framing of policies or amendment in existing laws by the central government
This is the seventh time that the government has extended the deadline for individuals to link their PAN with Aadhaar
Sitharaman said Aadhaar card for NRIs with Indian passports will be issued after their arrival in India, without waiting for the mandatory 180 days
As of November, 132.8 million out of 330 million PANs have been linked to Aadhaar
The cancellation will weed out all duplicate PANs and make benami transactions void, a senior official said
The deadline for linking PAN with Aadhaar previously was July 31 but was extended to August 31
Recently, IT department made it clear that without Aadhaar, people will not be able to e-file ITRs
IT Dept's e-filing website has hosted a new link on its homepage to link the two unique identities
Govt's June 16 notification on bank transactions of over Rs 50,000 starting June 1 has confused many
Has given the govt necessary ammunition to link more welfare and non-welfare mechanisms with Aadhaar