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The Income Tax Department on Tuesday, March 28, 2023, released a fresh notification stating that it has extended the time to link the PAN-Aadhaar to its taxpayers till June 30, 2023.
The dept of Income Tax released a statement to the media on its Twitter account, stating, “In order to provide some more time to the taxpayers, the date for linking PAN & Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for PAN-Aadhaar linking without facing repercussions.”
The the unlinked PAN will be inoperative from July 1. The IT department added, “From 1st July 2023, the unlinked PAN shall become inoperative with consequences. The PAN can be made operative again in 30 days, upon intimation of Aadhaar to the prescribed authority after payment of fee of Rs. 1,000.”
The press release of the IT dept read, “Those persons who have been exempted from PAN-Aadhaar linking will not be liable to the consequences mentioned above. This category includes those residing in specified States, a non-resident as per the Act, an individual who is not a citizen of India or individuals of the age of eighty years or more at any time during the previous year.” https://twitter.com/IncomeTaxIndia/status/1640647048893542401