Deadline For Aadhaar-PAN Linking Extended; e-PAN Can Be Generated Instantly

The Central Board of Direct Taxes has extended the deadline for individual taxpayers to link their PAN with Aadhaar till March 31, 2019, through a notification issued on June 30, 2018. This has come in the backdrop of an ongoing court proceeding in the Supreme Court where the apex court had directed extension of the March 31, 2018, deadline for linking Aadhaar to various services. Meanwhile, the income tax department has launched a facility for instant generation of new PAN called e-PAN. The e-PAN will be generated digitally through Aadhaarbased e-KYC in which OTP will be sent on the mobile number registered in the Aadhaar database. An e-PAN PDF can be downloaded after successful allotment. This facility is only for resident individuals.