Don't forget these important financial deadlines in 2019: From PAN-Aadhaar linking to tax saving
New Delhi, Jan 3: From new Aadhaar-PAN linking deadline to the final day for filing income tax return for the year 2017-18 and 2018-19, here are some of the important financial deadlines you need to know about in 2019.
Aadhaar-PAN
linking
deadline
All
the
PAN
cards
should
be
linked
with
Aadhaar
on
or
before
March
31,
2019,
if
an
individual
fails
to
do
the
same,
then
the
PAN
will
be
considered
invalid
after
the
deadline.
Earlier
the
deadline
was
June
30,
2018,
which
was
extended
to
March
31,
2019
by
the
Central
Board
of
Direct
Taxes
(CBDT).
The
Supreme
Court
order
on
Aadhaar
has
made
it
mandatory
to
link
every
PAN
with
Aadhaar.
PAN
card
application
deadline
All
the
PAN
cards
should
be
linked
with
Aadhaar
on
or
before
March
31,
2019,
if
an
individual
fails
to
do
the
same,
then
the
PAN
will
be
considered
invalid
after
the
deadline.
Earlier the deadline was June 30, 2018, which was extended to March 31, 2019 by the Central Board of Direct Taxes (CBDT). The Supreme Court order on Aadhaar has made it mandatory to link every PAN with Aadhaar.
ITR
filing
deadline:
Although
the
due
date
for
filing
income
tax
return
for
the
FY
2017-18
is
over,
the
Income
tax
department
still
allows
filing
of
belated
return
till
March
31,
2019
with
penalty
up
to
Rs.
10,000.
From
the
financial
year
2017-18,
taxpayer
is
required
to
file
belated
return
before
March
31,
2019.
Also,
revised
ITR
for
the
last
financial
year
can
be
filed
only
till
March
31,
2019.
Home
loan
subsidy:
On
home
loans
you
can
get
a
subsidy
of
upto
Rs.
2.67
lakh
under
the
Credit
Link
Subsidy
Scheme
(CLSS)
for
the
Middle
Income
Group
(MIG)
under
the
Pradhan
Mantri
Awas
Yojana
(Urban)
till
March
2020.