PAN vs Aadhar Linking

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This query is : Resolved

Quick Summary

The deadline for linking PAN and Aadhaar has been extended to 31st May 2024 to help taxpayers avoid higher TDS deductions. Even after the previous deadline, linking is still possible by paying a fee. However, for deductors, failure to link by the original deadline means a higher TDS rate of 20% applies, which cannot be recovered from the deductee if full consideration has already been paid.

T.N.Reddy

T.N.Reddy (Querist)

03 August 2024 Sir, PAN vs Aadhar linking date was extended up to 31-05-2024. after that any further extention sir

Gokul Sharma

Gokul Sharma (Expert)

03 August 2024 this date is to avoid the higher tds deduction.

still you can link your pan and aadhar by paying linking fee.

T.N.Reddy

T.N.Reddy (Querist)

03 August 2024 true, but, as a deductor- 2d quarter of 2023-2024, there are certain PAN holders who have not done PAN-Aadhrar Link and they have not done even before 31-05-2024, now I have to pay @20% where in I can not collect from the deductee as already I have paid the full consideration holding TDS @1% as the payments falls under 194C- individuals.

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