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The Income Tax department under the central government has notified an extension in the task to link PAN-Aadhaar for citizens. The Central Board of Direct taxes, or CBDT has extended the deadline to link PAN-Aadhaar to March 31, 2023, but this comes with a price. Those who are linking their PAN-Aadhaar at this time will have to pay a fine while completing this mandatory work. “A penalty of Rs 500 is to be paid “in a case where such intimation is made within three months from the date referred to in sub-section," that is by June 30, 2022. After that, one has to pay a fine of Rs 1,000 to link Aadhaar-PAN.
PAN-Aadhaar Linking: What Does Govt Say in its Order?
“Every person who, in accordance with the provisions of sub-section (2) of section 139AA, is required to intimate his Aadhaar number to the prescribed authority in the prescribed form and manner, fails to do so by the date referred to in the said sub-section, shall, at the time of subsequent intimation of his Aadhaar number to the prescribed authority, be liable to pay, by way of fee, an amount equal to, — (a) five hundred rupees, in a case where such intimation is made within three months from the date referred to in sub-section (2) of section 139AA; and (b) one thousand rupees, in all other cases,” states the latest CBDT order dated March 30 this year.
Divya Dholay Citizen Services Center
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25/05/2022
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