Aadhar-PAN Linking
Tax Concept (Business & Economy Website) (134 Points)
25 August 2017Will PAN Card become Permanently Invalid if not linked with Aadhar Card till 31-August-2017 ?
Thanks in Advance.
Tax Concept (Business & Economy Website) (134 Points)
25 August 2017
CA Devanand Jethanandani
(CA)
(8003 Points)
Replied 25 August 2017
Not linking aadhaar card with PAN will not make PAN invalid.
Income tax return can not be filed after 31st Aug, 2017 if Aadhaar card is not linked with PAN.
Kushal Pande
(CFO)
(256 Points)
Replied 25 August 2017
NO.
The devil is in the detail.
Section 139AA, Income-tax Act says: "Every person who has been allotted permanent account number as on the 1st day of July, 2017, and who is eligible to obtain Aadhaar number, shall intimate his Aadhaar number to such authority in such form and manner as may be prescribed, on or before a date to be notified by the Central Government in the Official Gazette: Provided that in case of failure to intimate the Aadhaar number, the permanent account number allotted to the person shall be deemed to be invalid and the other provisions of this Act shall apply, as if the person had not applied for allotment of permanent account number."
Check:
https://economictimes.indiatimes.com/articleshow/59369203.cms
No such due date has been published/announced/notified by the Central Govt. in the Official Gazette.