Govt extends deadline to link PAN with Aadhaar to June 30

The government on Tuesday extended the last date for linking PAN and Aadhaar to June 31, 2023 in order to provide some more time to the taxpayers.

"The date for linking PAN and Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions," the Central Board of Direct Taxes (CBDT) said in a statement.

Notification to this effect is being issued separately, it said.

On March 31, 2022, the Central Board of Direct Taxes (CBDT) had extended the deadline for linking PAN and Aadhaar by another one year till March 31, 2023.

"Under the provisions of the Income-tax Act, 1961, every person who has been allotted a PAN as on July 1, 2017 and is eligible to obtain Aadhaar number, is required to intimate his Aadhaar to the prescribed authority on or before March 31, 2023, on payment of a prescribed fee. Failure to do so shall attract certain repercussions under the Act w.e.f. 1st April, 2023. The date for intimating Aadhaar to the prescribed authority for the purpose of linking PAN and Aadhaar has now been extended to 30th June, 2023," the government said.

From July 1, 2023, the PAN of taxpayers who have failed to intimate their Aadhaar shall become inoperative. "The consequences during the period that PAN remains inoperative will be as follows: no refund shall be made against such PANs; interest shall not be payable on such refund for the period during which PAN remains inoperative; and TDS and TCS shall be deducted /collected at higher rate, as provided in the Act," the government said.

PAN can be made operative again in 30 days, upon intimation of Aadhaar to the prescribed authority after payment of fee of ₹1,000.

Those persons who have been exempted from PAN-Aadhaar linking will not be liable to the consequences mentioned above. This category includes those residing in specified states, a non-resident as per the Act, an individual who is not a citizen of India or individuals of the age of eighty years or more at any time during the previous year.

The CBDT said more than 51 crore PANs have already been linked with Aadhaar till date.

Last year, the government made disclosure of PAN and Aadhaar details mandatory for cash deposits and withdrawals aggregating to ₹20 lakh or more in a financial year. Quoting PAN and Aadhaar details is also mandatory for opening of current account or cash credit account with a bank, according to the Central Board of Direct Taxes (CBDT).