The Ministry of Finance issued a notification on Saturday announcing that it has extended the deadline for linking PAN with Aadhaar card to December 30, 2019. Previously, the deadline was set on September 30.
The extension was granted by the Central Board of Direct Taxes (CBDT) in order to avoid inconvenience, as once an individual crosses the due date, his or her Aadhaar shall be deemed to be inoperative. As a result, the taxpayer will not be able to make any financial transactions.
However, the Income Tax Department is yet to issue a clarification as to whether the Aadhaar Card can be re-activated after the deadline if cancelled. Meanwhile, taxpayers must not wait till the last date to link their PAN card with their Aadhaar card.