The deadline for linking PAN with Aadhaar (the unique identity number of citizens) has been extended till December 31, 2019, by the Finance Ministry.
Notification for the same was announced through Central Board of Direct Taxes (CBDT) on Saturday.
Previously the deadline for linking was extended on March 31, 2019, and set at September 30 this year.
This is the seventh time the government has extended the deadline for linking PAN and Aadhaar.
It must be noted that the Income Tax (I-T) department has stressed that Aadhaar-PAN linking is “mandatory” for those filing an Income Tax Return (ITR).
Earlier this year, the Supreme Court had upheld Section 139AA of the Income Tax Act, making the linking of Aadhaar and PAN mandatory.
The PAN or Permanent Account Number is a 10-digit alpha-numeric code allotted by the I-T department to individuals and entities, whereas Aadhaar is a biometric 12-digit unique ID issued by the Unique Identification Authority of India (UIDAI).
In India, there are over 25 crore PAN card holders while Aadhaar has been issued to 111 crore people.