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<h1>Deadline Extended for PAN-Aadhaar Linking u/r 114AAA; Negative Impacts Deferred Until April 2023.</h1> The circular clarifies the relaxation of provisions under rule 114AAA of the Income-tax Rules, 1962, regarding making Permanent Account Numbers (PAN) inoperative if not linked with Aadhaar by the deadline. As per section 139AA, individuals must link their Aadhaar with PAN by March 31, 2022, or face their PAN becoming inoperative. Consequences include inability to file returns, process refunds, or complete proceedings. Additionally, tax may be deducted at higher rates. The negative impacts of rule 114AAA will be deferred until April 1, 2023, but a fee will apply for late linking.