If you have not completed this process related to PAN card, then according to Section 272B of the Income Tax Act, you will have to pay a fine of Rs 10,000.
March 31 is the last date for many of your big works.
If you use a PAN card, then pay attention. If you have not yet linked your PAN with Aadhaar Card, you may be in trouble. Your PAN card will become useless from 1 April. According to the central government guidelines, the deadline for linking PAN with Aadhaar is 31 March 2021.
If you do not handle this work on time, then after the expiry of the deadline, your PAN card will be deactivated, ie from April 1, you will not be able to use these PAN cards as ID proof or for other purposes. Will be able to do any financial transaction. Not only this, if your Aadhaar and PAN are not linked on the fixed deadline, your PAN will not be considered legally furnished. Also, according to Section 272B of the Income Tax Act, you will also have to pay a fine of Rs 10,000.
It is obvious that having PAN card is mandatory for many tasks like opening bank accounts, buying mutual funds or shares, and cash transactions of more than Rs 50,000.
How to link PAN with Aadhaar card
- Go to e-filing portal of Inkt Tax Department.
- Click on the link base section on the left.
- Fill in your PAN number, Aadhaar number and name.
- Fill in the letter you see in the captcha.
- Now click on ‘Link Aadhaar’ option and your PAN Aadhaar linking will be completed.
Link PAN to Aadhaar via SMS
You can also link your PAN with Aadhaar number via SMS. For this, you have to send an SMS from your registered mobile number to 567678 or 56161. To do this, type UIDPAN (12 digit Aadhaar number) (10 digit PAN) in the mobile and send it to 567678 or 56161.
After this, according to your Aadhaar details, the IT department will validate your name, date of birth and gender, after which linking will be done.
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