Six days are left to link PAN card to Aadhaar. If you do not link the PAN card to Aadhaar in the next six days, then you will have to pay a fine of Rs 1000. This is due to the section 234H added to the Income Tax Act 1961 which has been passed by the government under Finance Bill 2021 passed in Lok Sabha on 23 March. If you do not link your Aadhaar with PAN till the last date given by the government, then you will have to pay a fine of Rs 1,000. Here you are telling how you can link Aadhaar with PAN
PAN will be disabled
If a person does not add his / her PAN to Aadhaar by the last date, his / her PAN will become inactive. That is, PAN will not be used in financial transactions after the due date. That is, wherever the PAN is needed, it will not be used. This will affect all types of banking transactions, mutual funds, opening of demat accounts, opening of new bank accounts. You will not be able to do all these things without a pan
No longer expected to extend the date
Tax experts say that now the date of linking of PAN with Aadhaar is not expected to be extended as the budget proposals will come into effect from April 1, 2021. In such a situation, the time limit is unlikely to increase. If you do not link PAN to Aadhaar by 31 March 2021, you will be liable to pay the penalty. You may have to pay a maximum fine of Rs 1,000.
Why do PAN Card Aadhaar Card Link
- – If you have linked your PAN card to 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. Click ‘Click here’ to see your status.
– Click on the hyper link ‘Click here’ to see your states. Here you have to fill your Aadhaar and PAN card details.
– If your PAN card is linked to Aadhaar card , then you will see this confirmation “Your PAN is linked to Aadhaar Number”.
– If you have not yet linked Aadhar card and PAN card, then you have to click on this link https://www.incometaxindiaefiling.gov.in/home . After this, click on “Link Aadhaar”.
After this, you have to fill your details. And your PAN card will be linked to the Aadhaar card.
SMS to PAN Card Aadhaar Card Link
To use SMS service, Aadhaar can be linked to PAN card by sending a message to 567678 or 56161.
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