The Central Board of Direct Taxes (CBDT) on March 28, 2023, extended the last date for linking PAN and Aadhaar.
The following has been stated namely: -
• The date for linking PAN and Aadhaar has been extended to June 30, 2023.
• From July 01, 2023, the PAN of taxpayers who have failed to intimate their Aadhaar, as required, shall become inoperative.
• The consequences during the period that PAN remains inoperative will be as follows:
1. No refund shall be made against such PANs
2. Interest shall not be payable on such refund for the period during which PAN remains inoperative
3. TDS and TCS shall be deducted /collected at a higher rate, as provided in the Act.
• The PAN can be made operative again in 30 days, upon intimation of Aadhaar to the prescribed authority after payment of a fee of Rs. 1,000.
• Those persons who have been exempted from PAN-Aadhaar linking will not be liable for the consequences mentioned above.
• The category of exempted persons includes:
1. Those residing in specified States
2. A non-resident
3. An individual who is not a citizen of India
4. Individuals of the age of eighty years or more at any time during the previous year.
• PAN can be linked with Aadhaar by accessing the following link https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar
