Quick Summary
The income tax department has issued a warning to taxpayers who are yet to link their PAN with their Aadhaar. As per the latest update on the tax departments e-filing website, All PAN holders, who do not come under the exempt category as per Notification No. 37/2017, dated 11th May, 2017 and have no
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The deadline to link your PAN with Aadhaar is March 31, 2023.
If your PAN is not linked with Aadhaar by March 31, 2023, it will become inoperative from April 1, 2023.
Yes, a late fee of £1,000 is now applicable for linking your PAN with Aadhaar, as the date for linking without a penalty has passed.
You need to visit the TIN (egov-nsdl.com) for an e-payment of the £1,000 late fee, selecting 'Income tax (other than companies)' and 'other receipts' under Challan no./ITNS 280.
An inoperative PAN cannot be used for mandatory purposes, including opening bank accounts or demat accounts.
CAclubindia
