Undoubtedly, an Aadhaar Unique Identification Number acts as a medium to gain access to an extensive variety of government and social security benefits and different schemes. Plus, a considerable lot of the monetary perquisites can be profited by a normal native just if his 12 digit Aadhaar Unique Identification Number (UIN) is connected with his ledger and his PAN card. A standout amongst the most broadly known motivations behind interlinking of the PAN with Aadhaar UIN is simple and moment efiling of income tax returns.
In this, respect the Central Board of Direct Taxes (CBDT) had as of late told that the due date for connecting PAN card with Aadhaar with the end goal of income tax return filing has been reached out till 31st March 2019.
According to a prior notice issued by the CBDT, the due date for connecting PAN with Aadhaar was 31st March 2018. On seeing the procedural burglaries, the CBDT had dismissed the due date from 31st March 2018 to 30th June 2018.
The fundamental reason behind the interlinking of PAN with Aadhaar while income tax return filing is to seed a person’s money related subtle elements into his income tax return.
This guarantees straightforwardness and quickness in efiling of income tax returns. Additionally, this forestalls delay in ITR filing and stays away from the punishment for late filing.
It ought to be noticed that if there is any kind of crisscross between the data refreshed in the PAN and Aadhaar, the interlinking of PAN with Aadhaar is outlandish.
Presently, there are various instances of such crisscrosses looked by the tax officials. These procedural obstacles are making many deferrals during the time spent PAN Aadhaar linkage.
The endless supply of the issue, the CBDT has more than once deferred the due date for PAN to Aadhaar connecting.
Currently, the due date for connecting PAN with Aadhaar has been additionally postponed till 31st March 2019.