If you are a taxpayer and you have not linked your PAN to Aadhaar, get it done as soon as possible. As the last date for linking the PAN card with the Aadhaar card was 31st March, but the date has been extended to 20th June.
According to media reports, some senior officials of the tax department say that now the last date will not be extended further. Those who will not be able to link Aadhaar-PAN will be fined which will be much higher.
To better track people’s financial transactions, the government has made it mandatory to link Aadhaar and PAN. Taxpayers are being given time to make the PAN-Aadhaar link again and again. However, if the taxpayers do not link the PAN-Aadhaar by June 30, 2021, then they would be charged a fine of Rs 1,000.
In the Income Tax Act 1961, recently the government has made a provision for a penalty by making changes. To impose a penalty for not linking the PAN-Aadhaar, the government has added a new section 234H in the Income Tax Act.
How to get Aadhaar-PAN link
Via SMS
For PAN-Aadhaar link, UIDPAN <SPACE><12 digit Aadhaar number> <SPACE> <10 digit PAN> will have to message 567678 or 56161.
How to link online
Offline mode
Remember that for both PAN and Aadhaar linking, both the documents have the same demographic details like name, gender and date of birth.
How to find out if the Aadhaar-PAN is linked or not?
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