New Delhi: The Union finance ministry on Friday extended the deadline for mandatory linking of PAN with Aadhaar by three months to March 31, 2018. The deadline for linking bank accounts with Aadhaar is too expected to be extended till March 31, 2018. “It has come to notice that some of the taxpayers have not yet completed the linking of PAN with Aadhaar. Therefore, to facilitate the process of linking, it has been decided to further extend the time for linking of Aadhaar with PAN till 31st March 2018,” said finance ministry in a statement.
This is the third extension given by the government to individuals to link the Permanent Account Number (PAN) with the biometric ID. The Centre had already informed the Supreme Court that it is willing to extend till March 31 the deadline fixed for mandatory linking of Aadhaar to avail various services and welfare schemes.
Under the provisions of recently introduced section 139AA of the Income-Tax Act, 1961, with effect from 1st July 2017, all taxpayers having Aadhaar Number or Enrolment Number are required to link the same with Permanent Account Number (PAN). In view of the difficulties faced by some of the taxpayers in the process, the statement said the date for linking of Aadhaar with PAN was initially extended till 31st August, 2017 which was further extended upto 31st December, 2017.
