Earlier, the deadline was March 31, but the last date is till June 30. The decision came as a relief for people. However, the extended deadlines nearing and only few days are left in hand to link both the documents. If the users fail to do the same, a penalty of Rs 1,000 will be imposed and their PAN card will become inoperative. The new guidelines have come under the new section (section 234H) of the Income-tax Act 1961 which was recently added when Finance Bill 2021 was passed.
Once PAN card gets inoperative, an individual will not be able to conduct financial transactions. Both Aadhaar and PAN card numbers are used for various crucial work. Where Aadhaar number is used for filing income tax returns, PAN is used to take monetary benefits from government schemes such as LPG subsidy, scholarship, and pension.
There are several ways to link PAN and Aadhaar. One can do it through messaging by sendingan SMS to 567678 or 56161.
An E-filling website can be also used to do the same. One can manually fill a specified form at PAN service centre. Below is the link Aadhar with PAN
https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar
Source: news18.com
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