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Pan card rules alert! PAN card holders may face a fine of Rs 10000, know the rules immediately

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PAN card has become a very important document in today’s time. PAN card holders are advised to link their Permanent Account Number (PAN) with Aadhaar card number by March 31, 2023.


New Delhi. PAN card has become a very important document in today’s time. PAN card holders are advised to link their Permanent Account Number (PAN) with Aadhaar card number by March 31, 2023. If you do not link your PAN with Aadhaar before this deadline, then your PAN card can also be deactivated. Along with this, you will also have to pay Rs 1,000 for linking PAN with Aadhaar.

The problem of a PAN card holder will not end here, as one will not be able to invest in mutual funds, stocks, open bank accounts, etc., where it is necessary to present a PAN card.

These PAN card holders will have to pay Rs 10,000

Further, if the person produces a PAN card, which is no longer valid, then under section 272N of the Income Tax Act 1961, the Assessing Officer may direct that such person shall pay an amount of Rs 10,000 as penalty.

Links can be made online like this

>> First of all go to the Income Tax website.

>> Enter the Name, PAN Number and Aadhaar Number as given in the Aadhar Card.

>> Tick square if only year of birth is given in Aadhar card.

>> Now enter the captcha code.

>> Now Click on Link Aadhaar Button

>> Your PAN will be linked with Aadhaar.

Link can be done through SMS like this

You have to type UIDPAN on your phone. After this, enter the 12 digit Aadhaar number. Then enter the 10 digit PAN number. Now send the message mentioned in step 1 to 567678 or 56161.

How to activate idle pan

Inactive PAN card can be activated. For this you have to send an SMS. After entering the 10 digit PAN number from your registered mobile in the message box, you have to enter the 12 digit Aadhaar number by giving space and SMS to 567678 or 56161.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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