PAN-Aadhaar Linking Deadline: If you have not linked PAN and Aadhaar yet, then hurry up, otherwise according to the rules of the government, after June 30, you will have to pay double the damages for it. Let us know its process.
PAN-Aadhaar Linking Deadline: There is very important news for PAN card holders. The government has issued an alert to link PAN and Aadhaar. If you have not yet linked PAN and Aadhaar, then you may have to suffer a big loss. Actually, the last date for linking PAN-Aadhaar was 31 March 2022, but PAN-Aadhaar linking can be done till 30 June with penalty. If you do not do this work by June 30, then you will have to pay double the penalty.
Actually, Aadhar card and PAN card are the most important documents in India. You can link it till 31 March 2023, but after 30 June 2022 you will have to pay double the penalty for linking PAN-Aadhaar. Actually, from 1st April 2022, a penalty of Rs 500 has to be paid for linking Aadhaar with PAN number. But if you do not link by 30 June 2022, you will have to pay a penalty of Rs 1,000 from 1 July.
PAN will be invalid
If you do not link it, then your PAN will be invalid under Section-139AA of the Income Tax Act. In such a situation, you will also not be able to file ITR online. In this your tax refund can be stopped. Apart from this, you will not be able to use PAN in any financial transaction. Let us know how to link PAN card with Aadhar card.
Link online like this
1. First of all go to the Income Tax website.
2. Enter the name, PAN number and Aadhaar number as given in the Aadhar card.
3. Tick the square if only the year of birth is given in the Aadhar card.
4. Now enter the given captcha code.
5. Now click on the Link Aadhaar button.
6. Your PAN will be linked with Aadhaar.
PAN card will become useless if it is canceled
After the cancellation of the PAN card, it can be made operative again. But keep in mind that if someone used a canceled PAN card in the meantime, then it would be considered a violation of section 272B under the Income Tax Act. In such a situation, the PAN holder will have to pay a fine of Rs 10000. And not only this, if the canceled PAN card is used again somewhere, then the penalty can also be increased.