Aadhaar Card: If the PAN card has become inactive, then some measures can also be adopted to make it operational. In fact, after payment of Rs 1000, PAN can be re-activated in 30 days after reporting Aadhaar to the prescribed authority. Let’s know about it…
Pan Card Aadhaar Card Link: It is very important to link PAN card and Aadhaar card. For this, the last date was also told by the Income Tax Department. People were required to link PAN card and Aadhaar card by 30 June 2023. However, if you have not been able to link your PAN with Aadhaar by 30 June 2023, then you will not be able to use your PAN for some financial operations. At the same time, no extension has been made in its last date through the government.
PAN card
If your PAN card has become inactive, then some measures can also be adopted to activate it. In fact, after payment of Rs 1000, PAN can be re-activated in 30 days after reporting Aadhaar to the prescribed authority. As per Rule 114AAA of the Income Tax Rules, if a person’s PAN has become inoperative, they will not be able to furnish, intimate their PAN and will be liable for all consequences under the Act for such failure.
PAN Card-Aadhaar Card Link
According to the CBDT circular in March 2023, PAN can be reactivated in 30 days after paying a fee of Rs 1000 on intimation of Aadhaar to the prescribed authority. However, if your PAN has become inactive, you may have to face a lot of problems.
After PAN is deactivated—
- The person will not be able to file income tax return using an inoperative PAN.
Pending returns will not be processed. - Refunds pending on inoperative PAN cannot be issued.
- Pending proceedings in case of defective returns cannot be completed when the PAN becomes inoperative.
- Tax will be deducted at the higher rate if the PAN becomes inoperative.
