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Pan card need to link aadhar.

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B.R.Vinod kumar

Accounts Manager

276 Points Posted on 20 March 2023

Hi,

one of my client asking, if pan not linked to aadhar after March 31st, it became deactive. if person pay Rs. 100 to apply fresh new pan card. any issues will come. (note if we link now penalty is Rs. 1000).if is old cibil will change.

please kindly given clarity on this.

Replies (5)

Quick Summary

This discussion clarifies the consequences of not linking PAN and Aadhaar by the deadline. It addresses concerns about applying for a new PAN after the old one is deactivated, highlighting the significant penalties (up to Rs 10,000) and potential legal issues for possessing multiple PANs. The advice is to avoid applying for a new PAN if you already have one, even if deactivated, and to refer to Section 272B of the Income Tax Act for penalty details.

CA Raj Doshi

Practising CA

8954 Points Posted on 21 March 2023

Few PAN holders who have not linked their PAN with their Aadhaar are exploring the option to pay Rs 118/- and get a new PAN or go for E PAN Aadhaar based for free rather than paying 1,000/- as a penalty

Seems they are not aware of a penalty of ₹10,000 and may also be sent to jail for possessing two or more PAN cards

Please do not make additional PAN if you are already holding one, you will be liable to pay the additional penalty and may land up in Jail

B.R.Vinod kumar

Accounts Manager

276 Points Posted on 21 March 2023

Thanks for your update sir, but 10000 penalty for two pan, but one pan in deactivated by government only, so that apply for new pan card.

we not going against to government rules and regulations.
but government not clear on is applicable right.