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Time Extension For Pan Aadhaar Link In Maryland
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Multi-State
Control #:
US-0018LTR
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Word;
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FAQ
The IT department issued a circular that it is mandatory for all PAN-holders (except those who fall under the exempt category) to link their PAN-Aadhaar within 30th June 2023. Initially, the IT department mandated to link PAN-Aadhaar by 31st March 2022 and then extended it to 30th June 2022.
If necessary, you may request an extension of time of up to six months beyond the filing deadline to file your return. If you already requested an extension from IRS for your federal return and you do not owe additional state tax, you receive an automatic six-month extension for filing your Maryland return.
PAN will become inoperative from 1st July 2023 if it is not linked with Aadhaar. However, you can still link your PAN with Aadhaar by paying a penalty of Rs.1,000. The Income Tax Department has issued a reminder to taxpayers to link their PAN with Aadhaar by 31st May 2024 if they have not yet linked them.
If the seller's PAN is unavailable or inoperative (not linked to Aadhaar), the TDS rate for the buyer shoots up to 20%.
Subsequently, the IT department extended the last date to link PAN-Aadhaar to 30th June 2023.
If you haven't linked your PAN with Aadhaar till now, your PAN is now considered inoperative. This means you won't be able to use your inoperative PAN in situations where it's necessary to provide one.
Once the request for linking your Aadhaar with your PAN is submitted, it may take 7 days to 30 days to link your PAN with your Aadhaar and reactivation your PAN card.
To reach a Taxpayer Services Agent for help with any tax issue, please call us at 410-260-7980, or 1-800-638-2937 outside of Central Maryland.
Who's eligible for Maryland's poverty level credit? Taxpayers whose earned income and federal adjusted gross income are less than the poverty level income for the number of exemptions claimed on their federal return may be eligible for a special credit on Maryland Form 502.
The Maryland Tax Form 502SU is for Maryland residents eligible for income tax subtractions. It allows taxpayers to claim these subtractions to reduce their Maryland taxable income.
More info
This was once more extended till March 31, 2023, but with a Rs 1,000 fee. The Central Board of Direct Taxes (CBDT) has extended the last date to link PAN with Aadhaar from March 31, 2023 earlier to June 30, 2023.Previously, the deadline for linking PAN and Aadhaar was set for the end of March, but it has now been extended to June 30, 2023. Last date to link PAN with Aadhaar has been extended to June 30th, 2023. Know who is eligible to link PAN-Aadhaar and other details. In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June 2023. PAN Aadhaar linking last date has been extended to June 30, 2023, to provide some more time to taxpayers. The earlier deadline was March 31, 2023. Linking Aadhaar with PAN had been mandatory, and the deadline was June 30 2023. Signeasy's AI-powered contract management software simplifies business contracts securely.
