The Income Tax Department says that the last date for linking PAN card with Aadhaar card is 31 March.
You can be fined Rs 10,000 for using an inactive Permanent Account Number.
PAN card holders could be fined 10 thousand rupee for not linking it with Aadhaar
Those who have not linked their Aadhaar card, PAN card, get it done quickly, because by not doing this till 31 March, the PAN cards of the people will become worthless, i.e., that PAN card will not be of any use to you. If you fail to link your PAN card to Aadhaar within the deadline of 31 March, then the Income Tax Department can impose a penalty of Rs 10,000 on using a defunct Permanent Account Number (PAN). The Income Tax Department had already announced that all unlinked PAN cards will be declared inactive. Now he has issued a new notification saying that such PAN card holders will have to bear the consequences under the Income Tax Act for not presenting PAN.
When you file your income tax return and if you have given the wrong PAN number, then you can be fined up to ten thousand rupees under Section 272B of the Income Tax Act, 1961. You may face a penalty if you file an ITR or somewhere else when you give a PAN number.
Penalty may be imposed even if you have 2 PAN cards
Even if there are two PAN cards, a penalty of more than Rs 10,000 can be imposed on a person under Section 272B of the Income Tax Act, because it is illegal to keep two PAN cards. So if you have made two PAN cards by mistake, then return one and get it canceled.
The Income Tax Department says that the last date for linking PAN card with Aadhaar card is 31 March. According to the data, only 30.75 crore PAN cards have been linked to the Aadhaar card so far. Explain that even before that the date of linking Aadhaar card with PAN card has been extended.
According to the Income Tax Department, more than 17 crore people have not yet linked their Aadhaar card to the PAN card. In September 2018, the Supreme Court had constitutionally validated the Aadhaar card. Also, it was said to be necessary for filling tax. Following the order of the Supreme Court, the Central Board of Direct Taxes (CBDT) issued an order that by July 2, 2017, those who have been issued PAN numbers will have to disclose the Aadhaar numbers under sub-section 2 of section 139AA.
How to apply online
First of all, visit the official website of the Income Tax Department (https://incometaxindiaefiling.gov.in). If you are a first time user, then register yourself first. OTP will come to your mobile number after completing the registration phone. Your verification will be completed after putting the OTP on the phone. After this, create a new password.
Then login to the site. Enter your PAN number in the User ID. Then enter captcha code. After login, go to the menu and click in profile settings. After this, click on link Aadhaar option. After this enter your Aadhaar card number.
To apply offline, you have to fill the application form and submit the PAN card, photo of Aadhaar and fees to the Income Tax Office. Apart from this, you can also link Aadhaar card through SMS. For this, you have to message your Aadhaar number and PAN number by writing UIDPAN from your registered number on 567678 or 56161 number.