Pan Card Update: Get this work related to PAN card done immediately, otherwise from this date a fine of Rs 10 thousand will have to be paid

0
126

PAN and Aadhaar: The last date for linking PAN and Aadhaar card is March 2023. If anyone does not link both the documents even by this stipulated time, then his PAN card will be declared invalid. After this, if someone uses that invalid PAN, then a fine of 10 thousand will be imposed.

- Advertisement -

Pan Card and Aadhaar Card Link: PAN and Aadhaar card are two such documents which are very important. They are used for many government works, to prove their identity and to apply in government schemes. Aadhar card is necessary for some places, then PAN card has more role for banking related works. The government had made it mandatory to link PAN card and Aadhar card for some convenience and to prevent many types of frauds. Those who have not yet linked PAN and Aadhar card, they can still link it by paying some fine. But only till March 2023, you can link it by giving a fine. Even after this, if someone has not linked PAN and Aadhaar, then he may have to pay a big price for it. Let us know in detail what is the complete rule.

This will happen after 31 March 2023

According to the report, those who have not yet linked PAN and Aadhar card can link it by paying a fine of Rs 1000 till March 2023, but after March 2023 the fine facility will end and your PAN card will become invalid. . The Income Tax Department says that PAN cards that will not be linked with Aadhaar by March 31, 2023, will be declared invalid and their users will not be able to use them.

you will suffer this loss

If you do not link PAN card and Aadhar card by March 2023, then your PAN will be canceled under Section-139AA of the Income Tax Act. Apart from this, those whose PAN is not linked with Aadhaar will also not be able to file income tax return. Apart from this, many of your government and banking related work will also get stuck. You will not be able to do any financial transaction. You will not be able to use PAN at the time.

Action will be taken on using invalid pan card

Now also know that if the PAN card becomes invalid, then further action can be taken against you. Actually, if you use an invalid PAN card, then under the Income Tax Act, you can be fined 10 thousand rupees. Once you use an invalid PAN card even after being fined, then the amount of penalty will increase. However, you can re-activate your invalid PAN card by completing some procedures.

5 things to keep in mind while linking PAN-Aadhaar

  • The process of linking PAN number with 12 digit Aadhaar online through e-filing portal is very easy. You can also link it by messaging in the format given below. You have to write UIDPAN first in the message. After this, 12 digit Aadhaar number will have to be entered by giving space. After that give space again and enter 10 digit PAN card. Now SMS it to 567678 or 56161.
  • If there is any problem in linking PAN card and Aadhar card online, then you can also link it offline by visiting PAN service centers of NSDL and UTITSL.
  • If you are an NRI, you do not need to link PAN and Aadhaar. However, Aadhar card may be required for doing some financial transactions.
  • If you want to link PAN and Aadhaar online yourself sitting at home, then first of all register yourself online by visiting Income Tax’s e-filing website www.incometaxindiaefiling.gov.in .
  • Now on the website you will see an option ‘Link Aadhaar’.
  • Now go to the profile setting of your account and select the option of linking Aadhar card.
  • Here by entering your Aadhaar number and captcha code, click on ‘Link Aadhaar’ option. In this way your PAN card and Aadhar card will be linked.

- Advertisement -