Aadhaar-PAN linking: Will the deadline be extended until year-end? Finance ministry to decide today


SUBMITTED BY: bhanagese

DATE: Aug. 31, 2017, 4:03 a.m.

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  1. The fund service is probably going to choose today on whether to stretch out till year-end the due date for connecting PAN with biometric identifier Aadhaar, a source said on Wednesday. The cut-off closures today.
  2. The Aadhaar matter is under the steady gaze of the Supreme Court with next date of hearing posted for November, and the due date for Aadhaar connecting for benefiting of social division plans has been reached out till December-end.
  3. "The legislature will choose tomorrow [Thursday] if the due date for PAN-Aadhaar connecting will be broadened," the source said.
  4. Authentic picture. CNN-News18
  5. Authentic picture. CNN-News18
  6. Area 139 AA (2) of the Income Tax Act says each individual with PAN as on July 1, 2017, and is qualified to acquire Aadhaar must private his Aadhaar number to charge experts. In any case, those ordered as non-occupant Indians according to pay assess laws, individuals who are not nationals of India, those over 80 years old and inhabitants of Assam, Meghalaya and Jammu and Kashmir had been excluded from the prerequisite.
  7. The expense division had on 31 July expressed that "unless a finding is made that Aadhaar is unavoidably not legitimate, government form filers should connect their PAN with Aadhaar by August 31, 2017".
  8. By chance, 31 December is additionally the due date for individuals to connect their financial balances with Aadhaar. Duty filers, nonetheless, were permitted to document their yearly salary returns by 5 August without connecting their Aadhaar with PAN. They were to simply cite Aadhaar or affirmation number for having connected for Aadhaar.
  9. It had additionally expressed that "salary government forms documented won't be prepared should impose filers neglect to connect Aadhaar and PAN at the very latest 31 August, 2017.
  10. The administration prior in the day told the Supreme Court that it is broadening due date for citing Aadhaar in welfare plans till 13 December. The due date was 30 September.
  11. The due date for connecting PAN with Aadhaar beforehand was 31 July, however was stretched out to 31 August.

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