According to the Income Tax Department, your tax refund will be stuck if the PAN is inactive. Taxpayers will be charged more TCS and TDS. Apart from this, there will also be a problem in banking related work.
Aadhaar PAN linking: The deadline for linking of Aadhaar and PAN card is about to end. In the last March, the Income Tax Department had extended this deadline till June 30. Now you can get Aadhaar-PAN linking done by June 30 by paying a fine of Rs 1,000. Now the question is what happens next if you miss the linking till this deadline? Recently, the Income Tax Department has explained it in detail in a tweet.
What will happen next: If you have not done the linking then your PAN card may become inactive. At the same time, you may have to pay a fine of up to Rs 10,000 for linking after June 30. According to the Income Tax Department, your tax refund will be stuck if the PAN is inactive. Taxpayers will be charged more TCS and TDS. Apart from this, there will also be a problem in banking related work.
How to link Aadhaar and PAN card
For this, first of all, you have to visit the website of Income Tax Department https://incometaxindiaefiling.gov.in/. After login go to ‘Profile Settings’ on the menu bar and click on ‘Link Aadhaar’. After giving details according to PAN, verify your Aadhaar and PAN card information. After this enter your Aadhaar number and click on the “Link” button. After this the message of verification will come.
