The linking of PAN and aadhaar has been mandated to check any financial loopholes in the system, but the call has created utter confusion.
With just a day left for the linking of PAN and Aadhaar, concerns have seen to rise among both the tax-payer and non-taxpayer category as government mandated the linking of the two identities for both the category. The income tax site is seen to crash on the back of heightened access of the site to link PAN and Aadhaar.
There has been utter confusion on the issue and people are of the general assumption that their PAN would be rendered invalid in case they do not link PAN and Aadhaar by July1. And as notified to the leading business daily, Sushil Chandra, chairman of Central Board of Direct Taxes (CBDT) said, "There is no need for any panic. PAN will not become invalid after June 30".
The board will notify a date later on when PAN without Aadhaar will not be valid, he said.
As per the Section 139 139AA, Income-tax Act, : "Every person who has been allotted permanent account number as on the 1st day of July, 2017, and who is eligible to obtain Aadhaar number, shall intimate his Aadhaar number to such authority in such form and manner as may be prescribed, on or before a date to be notified by the Central Government in the Official Gazette: Provided that in case of failure to intimate the Aadhaar number, the permanent account number allotted to the person shall be deemed to be invalid and the other provisions of this Act shall apply, as if the person had not applied for allotment of permanent account number."
So, without resorting to any panic, you still can link PAN and Aadhaar.
GoodReturns.in
More From GoodReturns

ATM Rules Changing From April 1, 2026: HDFC Bank, PNB, Bandhan Bank & Others Revise Cash Withdrawal Rules

Crash in Gold Rate in India by Rs 71,400 in Single Day; Will Gold Price Today Fall Below Rs 1.50 Lakh? Outlook

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Sleeper Vande Bharat Express New Routes Identified for Long Distance Travel

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live: MCX Gold Ends Above Rs 1.40 Lakh, Silver Up 1%; 24K, 22K, 18K Gold On March 24

Gold Rate Crashes Over Rs 1 Lakh in Single Day, Slips to Lowest Since January; Will Gold Price Today Decline?

Gold Price Crash May Fuel Jewellery Demand: Why Kalyan Jewellers Share Price Could Shine Despite 5% Dip

Fatal Crash In Gold Rates In India By Rs 1,03,200/100 Gm; Biggest Single-Day Fall In 24K, 22K, 18K Gold Prices



Click it and Unblock the Notifications