March 28, 2018

PAN-Aadhaar linking deadline extended to June 30: CBDT

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On March 27, the Reserve Bank of India (RBI) announced special measures for transaction of central and state government business by banks handling government accounts on March 31 in view of the closing of the financial year on that day. The RBI also said special arrangements have been made to conduct special clearing operations on March 31 in order to facilitate government receipts and payments.

The Central Board of Direct Taxes (CBDT) extended the last date for linking of Aadhaar with Permanent Account Number (PAN) from March 31, 2018, to June 30, 2018. The extension of deadline comes as a major relief to people who are yet to obtain or their Aadhaar cards. The new deadline for other services like bank accounts and phone numbers has not been announced yet.

This is a fourth extension given by the government for individuals to link their Permanent Account Number (PAN) with their biometric ID (Aadhaar).

Section 139 AA (2) of the Income Tax Act says that every person having PAN as on 1 July 2017, and eligible to obtain Aadhaar, must intimate his Aadhaar number to the tax authorities. As per updated data till 5 March, over 16.65 crore PANs, out of the total about 33 crore, have been linked with Aadhaar.

As per updated data till March 5, over 16.65 crore PANs, out of the total about 33 crore, have been linked with Aadhaar.

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