News Karnataka
Sunday, January 29 2023
Economy

PAN-Aadhaar linkage deadline extended till March 2022

PANAadhaar linkage deadline extended till March 2022
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New Delhi: Centre has extended the deadline for PAN-Aadhaar linkage by six more months, till March 2022.

The earlier deadline was till September 30.

Accordingly, the decision came as a relief measure for taxpayers during the pandemic era.

“The Central Government, in continuation of its commitment to address the hardship being faced by various stakeholders on account of the Covid-19 pandemic, has, on consideration of representations received from various stakeholders, decided to extend timelines for compliances under the Income-tax Act, 1961,” CBDT said in a statement late on Friday night.

“Time limit for intimation of Aadhaar number to the Income-tax Department for PAN-Aadhaar linkage has been extended from 30th September 2021 to 31st March 2022.”

Besides, the due date for the completion of penalty proceedings under the IT Act has also been extended from September 30, 2021, to March 31, 2022.

“Further, the time limit for issuance of notice and passing of the order by the ‘Adjudicating Authority under the Prohibition of Benami Property Transactions Act, 1988’ has also been extended to 31st March 2022.”

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