Pan – Aadhar Card Link: PAN card holders should be careful, do this work till this date 2023

Pan – Aadhar Card Link: Let us tell you that without linking PAN to Aadhaar (Pan & Aadhar Card Link) you will not be able to open mutual fund, stock and bank accounts! The Income Tax Department has made it clear that this time the deadline will not be extended.

That’s why link your PAN with Aadhaar as soon as possible! Complete information related to how to link, where to do it has been told by us till the end of this article, so all of you read this article till the end so that you can get complete information easily!

Pan – Aadhar Card Link

For your information, let us tell you that the last date to link PAN card with Aadhaar (Pan & Aadhar Card Link) is 31 March 2023. After this, those whose PAN card is not linked to Aadhaar will be deactivated. This means that PAN card will be undesirable. They cannot be used! So,

if you have not yet linked your PAN with Aadhaar, do so now! Because without PAN you will not be able to do all the work related to finance. The Income Tax Department has clearly said that if someone does not link his Aadhaar and PAN by March 31, 2023, then his PAN will become invalid.

Failure to do so can result in heavy loss

Once the PAN card becomes inactive, the PAN card holder will not be able to open mutual funds, shares and bank accounts. Apart from this, fine can also be imposed for using closed PAN as a document. Under Section 272B of the Income Tax Act (Income Tax Department),

you may have to pay a fine of up to Rs 10,000! In such a situation, you can link your PAN with Aadhaar (Pan & Aadhar Card Link) by March 31, 2023, by paying a fine of Rs 1,000!

How to link PAN with Aadhaar: Pan – Aadhar Card Link

• Log on to the official website of Income Tax www.incometax.gov.in.
• Go to the Quick Links section and click on Link Aadhaar!
• A new window will open on your screen.
• Enter your PAN number, Aadhaar number and mobile number here.
• Select the option of ‘I validate my Aadhaar details’.
• OTP will be received on your registered mobile number. Fill it and then click on ‘Validate’!
• After this your PAN will be linked to Aadhaar.
• How to know whether PAN and Aadhaar are linked or not
• Go to incometaxindiaefiling.gov.in/aadhaarstatus!
• Enter PAN and Aadhaar number.
• Click on ‘View Link Aadhaar Status’!
• The linking status will be displayed in the next screen.

late payment penalty

For your information, let us tell you that after June 30, the Central Board of Direct Taxes has fixed a fine of Rs 1,000 for linking Aadhaar with PAN (Pan & Aadhar Card Link). You will not be able to link PAN with Aadhaar without late fee. According to the Income Tax Act 1961,

it is necessary to link PAN with Aadhaar. If this does not happen, the Income Tax Department can take action. Apart from this, there will be a ban on getting a new PAN card!

No problem for such a person

Although some people were also released under this act. Citizens living in Assam, Jammu and Kashmir and Meghalaya are not required to link PAN with Aadhaar. Also, those who are above 80 years of age should also not do it.

What will happen if Aadhaar-PAN is not linked: Pan – Aadhar Card Link

If Aadhaar Card is not linked to PAN (Aadhar & Pan Card Link) then PAN will stop working and this will affect many financial and non-financial functions. The Finance Ministry has given this information long ago and on the basis of this it has been suggested to link both the papers soon.

Along with this, a provision has also been made for a fine of Rs 10,000. Income Tax Department (Income Tax Department) can also impose fine for giving wrong information of PAN and Aadhaar number in ITR.