Diabytes
PAN-Aadhaar linking News
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In a notification issued by the The Central Board of Direct Taxes (CBDT), the PAN Card holders are mandated to produce their original Aadhaar number to the income tax department by December 31, 2025.
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According to the RTI response to activist Chandra Shekhar Gaur from Madhya Pradesh, out of the 70.24 crore PAN card holders in India, 57.25 crore successfully linked their PAN cards with Aadhaar.
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Several experts have opined that there could be a few issues if your PAN becomes "inoperative" because it was unable to integrate with Aadhaar.
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An NRI tax payer has posted in his twitter that he filed his tax returns but when he tried to check the refund status, a message prompted that sine his PAN card was inoperative, refund could not be issued.
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The deadline for linking PAN with Aadhaar ended yesterday.
Several people faced issues while proceeding with the payment challan.
The IT Department has not extended the deadline.
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PAN-Aadhaar Linking Deadline: The current deadline to link your PAN Card with Aadhaar Card is June 30, 2023, post which the financial document will become inoperative.
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The Central Board of Direct Taxes (CBDT) has been postponing the PAN-Aadhaar linking deadline numerous times since March 31, 2022. The current deadline to link your PAN Card with Aadhaar Card is June 30, 2023, post which the financial document will become inoperative.
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PAN-Aadhaar Linking: The penalty has to be paid via a single challan and several banks have been authorised to collect the e-Pay Tax.
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The date for linking PAN and Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions.
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Continue reading to know who needs to link PAN with Aadhar and this task is not mandatory for whom.
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The deadline to link PAN with Aadhar is march 31.
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If you have not yet linked your Aadhaar card with PAN, you can follow the process online. Check the steps below
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If you have not yet linked your Aadhaar card with PAN, you can follow the process online.
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By failing to link their PAN card with their Aadhaar card by March 31, 2023, PAN card holders will be left with an invalid PAN, according to the income tax department.
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The income tax department had last year notified that PAN cardholders failing to link the document with the Aadhaar card by March 31, 2023, will be left with an inoperative PAN.
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The Income Tax Department has said that non-linking of PAN with Aadhaar by March 31 would attract penalty of up to Rs 1,000, but such PAN will remain functional for one more year till March 2023, for filing ITR, claiming refunds and other I-T procedures.
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PAN-Aadhaar linking deadline ended.
Fine for persons who fail to link both these important documents.
New section in Finance Bill for PAN-Aadhaar linking.
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It is important to link PAN with Aadhaar before June 30.
After that, there will be fine imposed on individuals.
According to the government directive, there would be a penalty of Rs 500 if you link your PAN and Aadhaar right away.
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PAN and Aadhaar can be linked in a variety of ways.
If not linked, you can get a fine of Rs 1,000.
Aadhaar and PAN is a need that will assist authorities in combating fraud.
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PAN-Aadhaar linking must be done before June 30.
If done after June 30, the person will have to pay a fine of Rs 1,000.
If you do not link your Aadhaar PAN by March 31, 2023, your PAN will become inactive.
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