10000 rupees fine for PAN Card holders who haven't done this work yet, read now!!

Have you not linked your PAN with Aadhaar yet? Then this news is very important for you. Actually, PAN card holders have been asked to link their Permanent Account Number (PAN) with their Aadhaar card number by March 31, 2022.

If the PAN card is not linked with Aadhaar by this day, then it will become invalid. Also after this you will also be charged ₹1,000 for linking PAN Aadhar. Let us tell you that the government has already extended the last date for linking Aadhar card

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10000 rupees fine for PAN Card holders who haven't done this work yet, read now!!

Have you not linked your PAN with Aadhaar yet? Then this news is very important for you. Actually, PAN card holders have been asked to link their Permanent Account Number (PAN) with their Aadhaar card number by March 31, 2022.

If the PAN card is not linked with Aadhaar by this day, then it will become invalid. Also after this you will also be charged ₹1,000 for linking PAN Aadhar. Let us tell you that the government has already extended the last date for linking Aadhaar card with PAN card several times and at present its last date is 31 March 2022.

will not be able to do this work
If your PAN-Aadhaar is not linked by the stipulated date, then you will not be able to do work like mutual fund, stock, opening bank account etc., because all these require PAN card to be valid. Overall, if the PAN card is locked due to non-linking of Aadhar card and PAN card, then you will not be able to take advantage of any such facility where PAN card is mandatory.

Such PAN card holders may have to pay Rs 10,000
Further, if the person produces a PAN card which is no longer valid, the Assessing Officer under section 272N of the Income Tax Act 1961 may direct that such person shall pay an amount of ten thousand rupees as penalty. Speaking on the importance of PAN Aadhaar linking deadline, Amit Gupta, MD, SEBI-registered income tax solutions provider company SAG Infotech said, “Earlier, there was no provision of penalty in the rules related to Aadhaar PAN linking. As per the new law Failure to link the two IDs will result in consequences. Invalidation of PAN means that one cannot perform financial transactions that require PAN details. These include filing income tax returns and opening a bank account. As per section 272B of the Income Tax Act, the said person may have to pay more TDS amount and may also have to pay a fine of ₹10,000.

Learn how to link PAN Card with Aadhaar Card

If you have linked your PAN card with Aadhaar, then you can check your status by clicking on this link. For this you have to go to your https://www.incometaxindiaefiling.gov.in/home.

Click on the option 'Link Aadhaar' on the left side. Click on 'Click here' to view your status.

Click on the hyper link 'Click here' to view your status. Here you have to fill your Aadhar and PAN card details.

- If your PAN card is linked to Aadhar card, then you will see the confirmation "your PAN is linked to Aadhaar Number".

If you have not linked Aadhar card and PAN card yet, then you have to click on this link https://www.incometaxindiaefiling.gov.in/home. After that click on "Link Aadhaar".

After this you have to fill your details. And your PAN card will be linked with Aadhar card.

Link PAN with Aadhaar through SMS
Users can easily link the two by sending an SMS to 567678 or 56161. For linking PAN with Aadhaar number, user has to send an SMS by typing UIDPAN <12 digit Aadhaar> <10 digit. pan >. For example: UIDPAN 0000011112222 AAAPA7777Q. After sending SMS to the above numbers, Aadhar number will be linked with PAN number if your name and date of birth are same in both the documents.