PAN card holders alert! Here is some very important news for you. PAN card holders are advised to link their Permanent Account Number (PAN) with Aadhaar card number by March 31, 2022. If you do not link your PAN with Aadhaar before this deadline, then your PAN card may be deactivated.
You will also have to pay Rs 1,000 for linking PAN with Aadhaar if done after the deadline. Besides, such a person will not be able to invest in mutual funds, stocks, open bank accounts and such others where it is necessary to present the PAN card.
These PAN card holders will have to pay Rs 10,000
Further, if the person produces a PAN card, which is no longer valid, then under section 272N of the Income Tax Act 1961, the Assessing Officer may direct that such person shall pay an amount of Rs 10,000 as penalty.
How to link PAN with Aadhaar online
- First of all go to the Income Tax website
- Enter the Name, PAN Number and Aadhaar Number as given in the Aadhar Card
- Tick square if only year of birth is given in Aadhar card
- Now enter the captcha code
- Now Click on Link Aadhaar Button
- Your PAN will be linked with Aadhaar
Link PAN with Aadhaar through SMS
You have to type UIDPAN on your phone. After this, enter the 12 digit Aadhaar number
Then enter the 10 digit PAN number. Now send the message mentioned in step 1 to 567678 or 56161.
How to get deactivated PAN activated
Inactive PAN card can be activated. For this you have to send an SMS.
You have to go to the message box and enter the 10 digit PAN number from your registered mobile.
Also enter the 12 digit Aadhaar number by giving space and SMS to 567678 or 56161.