The Aadhaar matter is before the Supreme Court with next date of hearing posted for November
The finance ministry is likely to decide tomorrow on whether to extend till year-end the deadline for linking PAN with biometric identifier Aadhaar, a source said on Wednesday.
The cut-off ends tomorrow. → Efiling Of Income Tax ←
The Aadhaar matter is before the Supreme Court with next date of hearing posted for November, and the deadline for Aadhaar linking for availing of social sector schemes has been extended till December-end.
"The government will decide tomorrow if the deadline for PAN-Aadhaar linking will be extended," the source said.
Section 139 AA (2) of the Income Tax Filing Act says every person with PAN as on July 1, 2017, and is eligible to obtain Aadhaar must intimate his Aadhaar number to tax authorities.
However, those categorised as non-resident Indians as per income tax laws, people who are not citizens of India, those above 80 years of age and residents of Assam, Meghalaya and Jammu and Kashmir had been exempt from the requirement.
The tax department had on July 31 stated that "unless a finding is made that Aadhaar is constitutionally not valid, tax return filers will need to link their PAN with Aadhaar by August 31, 2017".
Incidentally, December 31is also the deadline for people to link their bank accounts with Aadhaar. Tax filers however were allowed to file their annual income returns by August 5 without linking their Aadhaar with PAN. They were to just quote Aadhaar or acknowledgement number for ..... Read Full Article
The cut-off ends tomorrow. → Efiling Of Income Tax ←
The Aadhaar matter is before the Supreme Court with next date of hearing posted for November, and the deadline for Aadhaar linking for availing of social sector schemes has been extended till December-end.
"The government will decide tomorrow if the deadline for PAN-Aadhaar linking will be extended," the source said.
Section 139 AA (2) of the Income Tax Filing Act says every person with PAN as on July 1, 2017, and is eligible to obtain Aadhaar must intimate his Aadhaar number to tax authorities.
However, those categorised as non-resident Indians as per income tax laws, people who are not citizens of India, those above 80 years of age and residents of Assam, Meghalaya and Jammu and Kashmir had been exempt from the requirement.
The tax department had on July 31 stated that "unless a finding is made that Aadhaar is constitutionally not valid, tax return filers will need to link their PAN with Aadhaar by August 31, 2017".
Incidentally, December 31is also the deadline for people to link their bank accounts with Aadhaar. Tax filers however were allowed to file their annual income returns by August 5 without linking their Aadhaar with PAN. They were to just quote Aadhaar or acknowledgement number for ..... Read Full Article
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