For Quick Alerts
For Daily Alerts

Govt Notifies Date After Which PAN If Not Linked To Aadhaar Will Be Invalid


As per the latest notification released on March 31, 2019, the government has yet again extended the deadline to link aadhaar with PAN by six months time to September 30, 2019, failing which PAN of the user will be rendered invalid.

Here's Date After Which PAN If Not Linked To Aadhaar Will Be Invalid


The linking mandate has been introduced as per Section 139AA that requires each of the PAN holder who possesses PAN as on July 1, 2017 to link the ID with his or her aadhaar number.

Earlier there remained apprehension as the last date to link PAN and aadhaar had to be notified by the government via notification in the official gazette only and there was no gazette notification notifying the deadline of March 31 for this purpose.

So, how does PAN invalidation affect the PAN holder:

In case PAN and aadhaar are not linked by the deadline i.e. September 30, 2019, then the person will be deemed to not possess PAN and all the provisions of Income Tax Act will become applicable.

There will be penalty implication of Rs. 10,000 as per Section 292B

And more so on deposits and other investments, there will be more deduction of TDS.

Also, irrespective of the newly notified deadline, at the time of ITR filing, quoting and linking of PAN with aadhaar is a must from April 1, 2019

Read more about: aadhaar
Story first published: Thursday, April 4, 2019, 11:08 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more