There are certain deadlines that you need to meet related to your Aadhaar to avoid pain in the coming year, 2018. However, the government has requested the Supreme Court to postpone the hearing on the legality of Aadhaar to next year, and has expressed its willingness to extend the Aadhaar linking deadlines with various services by three months to March 31, 2018.
While the final decision regarding this is still pending in the apex court, here's the list of various deadlines set by the government regarding the 12-digit unique identity number.
1. Aadhaar and PAN linking deadline is now December 31, 2017
The government had earlier notified that income tax returns (ITR) filed after July 1, 2017 would be accepted only after a tax assessee linked his/her PAN with Aadhaar. However, many people faced difficulty in doing so even by the extended deadline for filing returns of Aug 5, 2017.Individuals must link their PAN with Aadhaar by this date in order for their returns to be processed.
Government has made it mandatory to link Aadhaar and PAN for every PAN holder (except certain categories exempted via notification dated May 11, 2017) by amending the income tax laws in the last Union budget.
However, the above deadline is only for those filing income tax returns this year. If you are not required to file your ITR as per tax laws, i.e.your gross total income in a financial year is less than the exemption limit of Rs 2.5 lakh (for the FY 2017-18), then the last date to link your PAN with your Aadhaar is yet to be notified by the government.
Aadhaar Linking Deadlines. Five Things To Know.
1. The government, by making the statement on Tuesday, is moving towards extending the deadline beyond March 31. The current deadline is less than a month away and the aadhaar case is unlikely to be decided in the apex court before that.
2. The government, had, in November extended to March 31, 2018 the deadline for mandatory quoting of Aadhaar and Permanent Account Number (PAN) for taxpayers. The extension, a government notification said, has been granted "after considering various representations received and inputs received from banks."
3. On December 15, 2017, the apex court had directed the extension of deadline till March 31 for the linking of Aadhaar with bank accounts and mobile phones.
While the final decision regarding this is still pending in the apex court, here's the list of various deadlines set by the government regarding the 12-digit unique identity number.
1. Aadhaar and PAN linking deadline is now December 31, 2017
The government had earlier notified that income tax returns (ITR) filed after July 1, 2017 would be accepted only after a tax assessee linked his/her PAN with Aadhaar. However, many people faced difficulty in doing so even by the extended deadline for filing returns of Aug 5, 2017.Individuals must link their PAN with Aadhaar by this date in order for their returns to be processed.
Government has made it mandatory to link Aadhaar and PAN for every PAN holder (except certain categories exempted via notification dated May 11, 2017) by amending the income tax laws in the last Union budget.
However, the above deadline is only for those filing income tax returns this year. If you are not required to file your ITR as per tax laws, i.e.your gross total income in a financial year is less than the exemption limit of Rs 2.5 lakh (for the FY 2017-18), then the last date to link your PAN with your Aadhaar is yet to be notified by the government.
Aadhaar Linking Deadlines. Five Things To Know.
1. The government, by making the statement on Tuesday, is moving towards extending the deadline beyond March 31. The current deadline is less than a month away and the aadhaar case is unlikely to be decided in the apex court before that.
2. The government, had, in November extended to March 31, 2018 the deadline for mandatory quoting of Aadhaar and Permanent Account Number (PAN) for taxpayers. The extension, a government notification said, has been granted "after considering various representations received and inputs received from banks."
3. On December 15, 2017, the apex court had directed the extension of deadline till March 31 for the linking of Aadhaar with bank accounts and mobile phones.
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4. The constitution bench is hearing challenges to the constitutional validity of the Aadhaar scheme on the touchstone of the fundamental right to privacy on a bunch of petitions by former Karnataka High Court Judge K.S. Puttuswamy, Magsaysay awardee Shanta Sinha, feminist researcher Kalyani Sen Menon and others.
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