PAN-Aadhaar Linking | PAN if not linked with Aadhaar by 31-03-2020 will become inoperative

As reported by Hindu, The deadline for linking PAN Card with Aadhaar Card has been extended several times by the Income Tax Department and the current deadline for the same will end on 31-03-2020.

The IT Department has stated that, if the PAN Card and Aadhaar Card are not linked by the 31-03-2020, they will become inoperative.

Persons whose PANs become inoperative shall be liable for all the consequences under the I-T Act for not furnishing, intimating or quoting the permanent account number.

The Income-tax (5th Amendment) Rules, 2020

[Source: The Hindu]

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