The deadline extended for linking PAN card with Aadhaar is 31 March 2022

The central government has once again extended the last date for linking Aadhaar with a PAN card. Earlier, the last date for linking PAN with Aadhaar was 30 September

Image Credit: The Financial express

Updated on:

18 Sep 2021, 6:16 am

The central government has once again extended the last date for linking Aadhaar with a PAN card. Earlier, the last date for linking PAN with Aadhaar was 30 September, which has been extended to 31 March 2022. This information has been given by the Ministry of Finance.

If you do not link Aadhaar-PAN by this date, your PAN will be declared inoperative. You can be fined Rs 10,000 for using an inoperative PAN. To avoid this problem, you have to link Aadhaar-PAN by 31st March 2022.

How to check whether Aadhar-PAN is linked or not

First of all go to the official website of the Income Tax Department, incometax.gov.
Here at the bottom you will find the option of Link Aadhaar Status, click on it.
After this, the next page will open where you have to enter your Aadhaar and PAN number and click on View Aadhaar Link Status.
On clicking on this, information about whether Aadhaar-PAN is linked or not will appear on the screen.

Aadhar-pan link can be done with a single message

For this, you have to type UIDPAN on your phone. After this, you have to enter your Aadhaar number by giving space and then PAN number by giving space.
For example, UIDPAN 0000011112222 AAAPA7777Q is to be sent to 567678 or 56161.
After this, the Income Tax Department will put your two numbers in the process of linking.

Aadhar-pan can be linked online

Image Credit: Zee News

First of all go to the official website of the Income Tax Department, incometax.gov.
In this, the option of link Aadhaar will be found at the bottom. Clicking on it will open a new page.
In this, you have to enter the PAN number, Aadhaar number, and the name entered in the Aadhaar card and click on the link Aadhaar.
After this, the Income Tax Department will put your two numbers in the process of linking.

PAN will be deactivated if not linked

According to the Income Tax Department, if any PAN cardholders do not link PAN with Aadhaar, then their PAN will be declared inoperative. After this PAN will not be used for financial transactions. Also know that if you are withdrawing or depositing more than 50 thousand rupees from your bank account, then you have to show a PAN card. In such a situation, if PAN is inactive, you will not be able to do transactions of more than 50 thousand rupees.

Investment money may get stuck

SEBI has said that PAN will stop working if PAN and Aadhaar are not linked by September 30. If PAN is not there, then no transaction will be able to take place.

Have to pay double TDS

According to CA Abhay Sharma, if a person does not have an active PAN number, then the bank will deduct TDS at the rate of 20% on your income.

Fine may also be imposed

Under the rules, if your PAN has become inactive and still you use it for bank transactions or elsewhere, then it will be considered that you have not given PAN under the law. In such a situation, you can be fined Rs 10,000 under section 272B of the Income Tax Act. It is mandatory to show PAN on demand under section 139A of the Act. However, there will be no penalty for using an inactive PAN for opening a bank account or getting a driving license.