PAN-Aadhaar Linking: In spite of repeated reminders of the government, if you have not yet linked your PAN to Aadhaar, now your difficulty may increase. You have only two days till March 30 and March 31 to link PAN to Aadhaar. If you did not link PAN to Aadhaar in these two days, then from April 1, your Permanent Account Number (PAN card) may become useless.
The central government had given orders to link Aadhaar with PAN long back. But after that the government has extended the deadline several times. But this time there are no signs of increasing the deadline.
Earlier, the central government has increased linking date several times due to Corona virus lockdown. The last date for its first link was 31 March 2020. It was then extended to 30 June 2020. The government again pushed this deadline forward.
Now its last date has been 31 March 2021. Now if you have not linked your PAN to Aadhaar, then next month, your PAN will become worthless.
Know how much penalty will have to be paid?
Under Section 272B of the Income Tax Act, if the PAN card is not linked with Aadhaar within the stipulated time frame, then a penalty of Rs 10,000 may be imposed. Explain that a PAN card is required to open a bank account, buy a mutual fund or share and even to transact more than Rs 50,000.
Is your PAN linked to Aadhaar?
First of all, you have to visit the official income tax website www.incometaxindiaefiling.gov.in. Then click on the link base of the quick link option written on the left. After this, a new page will open.
Where there will already be information about the application of Aadhaar Link. Then you have to fill the details of PAN and Aadhaar. After this, the view link will have to click on the Aadhaar status. Now you will know whether you have Aadhaar and PAN link or not.
How to link PAN from Aadhaar
First of all, you have to visit the income tax website on the e-filing portal.
– On the left side you will see the base section, click on it.
– Now you have to enter PAN number, Aadhaar number and name.
– Then after this captcha is to be filled
– Now click on the link Aadhaar and your PAN will complete the linking of Aadhaar.
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