Taxpayers who fail to meet this deadline may face financial consequences, as they will be subject to higher tax deductions and collections as per Sections 206AA and 206CC of the Income Tax Act, 1961.
While there has been resistance to making Aadhaar cards mandatory for students, the education department has claimed that it has been helping them weed out duplication. The education department officials have said that as they have been vigorously pushing for Aadhaar linkage, they have been able to delete 25,000 students’ data that was duplicated.
PAN-Aadhaar linking: The last date for linking Personal Account Number (PAN) to Aadhaar card, June 30, is now past. All those taxpayers whose missed the PAN and Aadhaar linking deadline now have inoperative PAN cards. However, these PANs can be made operative again within 30 days., Personal Finance News, Times Now
PAN-Aadhaar linking: The last date for linking Personal Account Number (PAN) to Aadhaar card, June 30, is now past. All those taxpayers whose missed the PAN and Aadhaar linking deadline now have inoperative PAN cards. However, these PANs can be made operative again within 30 days., Personal Finance News, Times Now