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Income Tax Department alert to Pan card holders! These PAN card holders will have to pay a fine of Rs 1000. know the reason

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Aadhaar Card and PAN Card Link: According to the circular of the Income Tax Department, if you have not yet linked your Aadhaar card with PAN card and now you link your Aadhaar card with PAN card, then you will have to pay a fee of Rs 1000. Have to give


Aadhaar Card and PAN Card Link: If you have not yet linked your Aadhaar card with PAN card, then get this done as soon as possible, otherwise you may be in big trouble. The Income Tax Department has said that if you do not link your Aadhaar card with PAN card by March 31, 2022, then your PAN card will become inactive. Being PAN card inactive simply means that you will not be able to use your PAN card anywhere, that is, your PAN card will remain just a piece of plastic. The Income Tax Department had also made a tweet recently regarding this.

Income Tax Department had tweeted the information

The Income Tax Department wrote in its tweet, “As per the Income Tax Act, 1961, the last date for linking PAN with Aadhaar, for all PAN holders who do not fall in the exempted category, is March 31, 2023.” If PAN is not linked with Aadhaar, PAN will become inactive. Don’t delay, link today.

What was in the circular of CBDT

CBDT’s circular F. No. 370142/14/22-TPL dated March 30, 2022, every person who has been allotted PAN as on July 1, 2017 and is eligible to obtain an Aadhaar number, shall be required to link PAN with Aadhaar on or before March 31, 2022. Linking is required. Tax payers who do not do this will have to pay Rs 500 as fee for linking Aadhaar and PAN. Along with this, those who link their Aadhaar card with PAN after June 30, 2022, will have to pay Rs 1000 as fees.

1000 rupees will have to be given to link PAN and Aadhaar

According to the circular of the Income Tax Department, if you have not yet linked your Aadhaar card with PAN card and now you link your Aadhaar card with PAN card, then you will have to pay a fee of Rs 1000. Not only this, if you do not link your Aadhaar and PAN by March 31, 2023, then your PAN card will become inactive.


Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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