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Nearly 14 crore PANs have been linked with Aadhaar numbers

As per the reports of CBDT, over 14 crore PANs have been linked with Permanent Account Numbers (PANs), which means nearly 41% of PANs have been linked with Aadhaar numbers. There are about 33 crore PAN cards, while Aadhaar has been issued to about 115 crore people.

Over 41 crore PANs have been linked with the Aadhaar till now. The linkages are ongoing
a senior official said.

The policy-making body of the income tax i.e. CBDT, (Central Board of Direct Taxes) have extended the deadline for this linkage. Earlier the deadline for linking PAN with Aadhaar was July 31st but was extended to August 31 and later to December 31, 2017. And again the government has extended the deadline for the same for three more months i.e. March 31st 2017. And this is the third extension given by the government to individuals to complete the linkage.

It has come to notice that some of the taxpayers have not yet completed the linking of PAN with Aadhaar. Therefore, to facilitate the process of linking, it has been decided to further extend the time for linking of Aadhaar with PAN till March 31, 2018,
one of the official of CBDT said.

Aadhaar, a 12 digit unique identification number, has been made mandatory to be linked with PAN (Permanent Account Number) card in order to file ITR (Income Tax Return) and obtaining a new PAN from July 1st.

To know the linkage procedure of Aadhaar and PAN, visit the link given https://rupeenomics.com/aadhaar-seeding-with-pan-card/

However, partial relief has been given to those who yet to enrol themselves in Aadhaar, hence; the tax man will not cancel the PAN of such individuals.

A PAN card is a 10 digit character code assigned to individuals and taxpaying entities in India by the Income Tax Department. It also works as proof of identity and age in India.

And an Aadhaar card is a 12 digit unique identification number which is issued by the Unique Identification Authority of India (UIDAI) to every Indian citizen. This initiative has been taken by the government to have a single identification document for every citizen in the country; the card is a personal identification card that contains the individual’s biometric and demographic information.

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