If you have not yet linked PAN and Aadhaar, hurry up, otherwise your PAN will become invalid after March 31, 2022 as per government rules. That means you now have only 3 days left to do this work. Let us know the process.
After March 31, your PAN card will be useless
Cannot do financial transactions due to deactivation of PAN card
The page holder will have to pay a penalty of Rs. 10000 for using the canceled page
Know very important for PAN card holders. The government has issued an alert to link PAN and Aadhaar. You may incur losses if you have not yet linked PAN and support.
In fact Aadhaar card and PAN card are one of the most important documents in India. If you do not link to it before March 31, your support will be deactivated. And keep in mind that there are only 3 days left until March 31st. From filing an income tax return (ITR) to a major banking transaction, Aadhaar also needs to be linked to a PAN card. Apart from this it is mandatory to have a PAN card for all types of financial work. If the PAN card is not linked to the Aadhaar card, heavy fines may be levied. Let us know how to link PAN card with Aadhaar card.
PAN will be invalidated
If you do not link it, your PAN will be considered invalid under Section 139AA of the Income Tax Act. In such a case you will not even be able to file ITR online. This will prevent your tax refund from being withheld. Apart from this you will not be able to use PAN in any financial transaction.
Link online this way
1. First go to the Income Tax website.
2. Enter the given name, page number and Aadhaar number in the Aadhaar card.
3. Tick the square if the year of birth is given in the Aadhaar card only.
4. Now enter the given captcha code.
5. Now click on Link Aadhaar button.
6. Your PAN will be linked to support.
If the PAN card is canceled, it will be useless
It can be re-operated after the PAN card is canceled. But keep in mind if anyone has used a canceled PAN card in the meantime. Then it would be considered a violation of Section 272B under the Income Tax Act. In such a case, the PAN holder will have to pay a penalty of Rs. 10000. Not only that, if the canceled PAN card is re-used somewhere, the penalty may also increase.
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