PAN-Aadhaar Link: Those who do not link Aadhaar with PAN till June 30 may face big problems.
Aadhar-PAN Linking: Have you linked your Aadhar Card with PAN Card till now or not. If you haven’t done it, then definitely do this work before 30 June 2023. Because June 30 is the last date to link Aadhaar with PAN by paying a penalty of Rs 1,000.
In a tweet, the Income Tax Department has advised people to link Aadhaar with PAN under any circumstances before June 30. The Income Tax Department said that under the Income Tax Act 1961, all PAN holders who do not fall in the exempted category are required to link with Aadhaar on or before June 30, 2023. Income Tax said to link Aadhaar with PAN today itself.
If a person does not link Aadhaar with PAN card by 30 June 2023, then the PAN card will become non-operative and he will have to bear the brunt. Under this action, refund will not be given to taxpayers having such PAN. No interest will be paid on the refund for the period the PAN remains inoperative. More TDS and TCS will be charged from such taxpayers.
Those people who have been exempted from PAN-Aadhaar linking, this action will not be taken and they will not have to face the consequences. Those people come in this category who live in certain states, are non-residents under the Act. Also, those people who are not Indian citizens and have been over 80 years of age till last year.
Why is it necessary to link Aadhaar with PAN?
If PAN card is not linked with Aadhaar, you will not be able to open mutual fund, demat account, bank account, because PAN card is necessary for all these. If the PAN card is locked due to not linking Aadhaar card and PAN card, then you will not be able to take advantage of any facility where PAN card is mandatory. That’s why you have not yet linked PAN and Aadhaar card, so complete this work soon.
Kind attention PAN holders!
As per Income-tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar on or before 30.06.2023.
Please link your PAN & Aadhaar today!#PANAadhaarLinking pic.twitter.com/hBxtSgRci8
— Income Tax India (@IncomeTaxIndia) June 13, 2023
How to link Aadhaar and PAN card
- If you do not know how to link Aadhaar-PAN, then there is no need to worry about it. This is how you can link Aadhaar and PAN card.
- Open the Income Tax e-filing portal https://incometaxindiaefiling.gov.in /.
- Register on it (if not already done).
- Your PAN (Permanent Account Number) will be your User ID.
- Log in by entering User ID, Password and Date of Birth.
- A pop up window will open to link your PAN with Aadhaar.
- If the pop up window does not open then go to ‘Profile Settings’ on the menu bar and click on ‘Link Aadhaar’.
- As per PAN, details like name, date of birth and gender will already be mentioned there.
- Verify your Aadhaar and PAN card details.
- If the details match, enter your Aadhaar number and click on the “Link Now” button.
- A pop-up message will inform you that your Aadhaar has been successfully linked with your PAN.