PAN card is such a document which is very useful at the time of financial activity of the people. Income tax can be filed with the help of PAN card. The 10 character Permanent Account Number (PAN) issued by the Income Tax Department is one of the most important documents nowadays. PAN card is also issued by individuals and entities to prevent tax evasion as it records all the financial transactions done through a particular person or entity. Any Indian citizen can apply for PAN Card.

PAN card and aadhar card link

At the same time, the Income Tax Department has given an important information. Actually, for a long time people are being made aware to link PAN card with Aadhaar card. Such PAN card holders who have not yet linked PAN card with Aadhaar card have a few months more time.

आयकर अधिनियम, 1961 के अनुसार, पैन को आधार से लिंक करने की अंतिम तिथि, उन सभी पैन धारकों के लिए जो छूट की श्रेणी में नहीं आते हैं, 31.3.2023 है। पैन को आधार से लिंक न करने पर पैन निष्क्रिय हो जाएगा।
देर न करें, आज ही लिंक करें! pic.twitter.com/mrtqP7nqNL

— Income Tax India (@IncomeTaxIndia) November 18, 2022

last date

The Income Tax Department tweeted, ‘As per the Income Tax Act, 1961, the last date for linking PAN with Aadhaar, for all PAN holders who do not come under the exemption category, is March 31, 2023. If PAN is not linked with Aadhaar, PAN will become inactive. In such a situation, to save the PAN card from becoming inactive, link it with the Aadhaar card. There is another 4 months for this.

Link to Aadhaar

Along with this, the Income Tax Department has said that all those PAN holders who do not come under the exemption category as per Notification No. 37/2017 dated May 11, 2017 and who have not yet linked their Aadhaar with their PAN , they are requested to link PAN card with Aadhaar card as soon as possible. Explain that PAN can be linked with a valid Aadhaar card by paying a fee of Rs 1000 at www.incometax.gov.in .

The post PAN Card Holders Alert: Get this work done within four months, otherwise the PAN card will be closed! first appeared on Rightsofemployees.com.