PAN-Aadhaar linking expires today: Here's what will happen from July 1 if you don't link the two
PAN-Aadhaar linking expires today: Here's what will happen from July 1 if you don't link the two
The deadline of linking the two important identity proof card, PAN and Aadhaar are to expire today i.e 30th June, as per the last press release from the Central Board of Direct Taxes (CBDT). The Centre has not announced any further extension in the deadline. Earlier, On March 27, the Central Board of Direct Taxes (CBDT) extended the deadline for linking of Pan with Aadhaar until today. Till date, the PAN-Aadhaar linking date has been extended four times.
Purely technically, as per Section 139AA (2) of the Income Tax Act, your PAN may become invalid unless linked to your Aadhaar (except for exempted cases) by this date. The Centre has made the Aadhaar linking with other documents mandatory and Aadhaar mandatory for filing income tax returns as well as obtaining a new PAN.
How to Link Aadhaar with PAN online:
1. Click on the income tax department’s official website- www. incometaxindiaefiling.gov.in.
2. On the left side of the homepage, click on the “Link Aadhaar”.
3. Fill the required details i.e., PAN, Aadhaar Number, Name as per Aadhaar.
4. Click on Submit.
5. UIDAI will verify and validate the details and the linking will be confirmed.
How to Link Aadhaar with PAN via SMS:
One can link Aadhaar and Pan by sending an SMS to either to 56161 or 567678. To link the two IDs, send an SMS in the format- UIDPAN.
What will happen if one doesn't like PAN-Aadhaar by the June 30 deadline:
1: Id the PAN is not linked to Aadhaar, then the PAN might become invalid and you may not be able to login to the IT department website.
2: If the Adhaar-PAN deadline is not extended, then all those whose Aadhaar and PAN are not linked will not be able to file their income tax returns.
3. In case you are able to file returns after June 30 deadline, but there are chances that it may not be processed.
4. If the deadline is extended then you may be able to file returns (without linking of Aadhaar -PAN) and these may be processed also like last year.
As per the press release, "It is only the proviso to Section 139AA(2) where the Supreme Court has granted a partial stay for the time being the pending resolution of the other cases before the larger bench of the Supreme Court."