Govt extends deadline for PAN-Aadhaar link by 3 months

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The government has extended the deadline for linking PAN with Aadhaar by three months.</p>
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The income tax department has announced that the deadline to link PAN with Aadhaar has been extended to June 30, 2021 from the current deadline of March 31, 2021.</p>
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Due to the Cvoid-19 pandemic, last year the government had extended the deadline to link PAN with Aadhaar to March 31, 2021, from the previous deadline of June 30, 2020.</p>
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This extension will come as a relief for those who still have not linked their PAN with their Aadhaar.</p>
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The PAN will become inoperative of it is not linked with Aadhaar by the deadline, and those who do not do so will also also be liable to pay a penalty which could go up to Rs 1,000. This is as per a new section (section 234H) inserted into the Income-tax Act, 1961, which was done by the government at the time of passing of the Finance Bill, 2021.</p>
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