Aadhaar PAN Link: Last date of Aadhaar-PAN link is near, this is also why the link is not happening, know the solution to avoid penalty

Aadhaar PAN Link:  Income tax department has made it mandatory to link PAN card with Aadhaar. Now its deadline is very near and people have only few days to do this. However, many people complain that they cannot do so. The Income Tax Department has given the reason for the failure of the attempt. Along with this, the department has also given alternative measures.

So much penalty from July 1

First of all know that linking PAN card with Aadhaar under Income Tax Act 1961 has become necessary. If you do not do this by June 30, 2023, then your PAN will stop working. Its deadline has been extended several times and can hardly be extended now. If after June 30 i.e. from July 1, you will have to pay a penalty of Rs 1000 for this.

This will also be a loss

Late in linking PAN card with Aadhaar. There are many disadvantages to be or not to be. First of all, you have to pay penalty for delay. The Income Tax Department has clarified that if PAN is not linked with Aadhaar by the deadline, the refund will be withheld. This means that if you do not link PAN and Aadhaar, you will not be able to get Income Tax refund. Apart from this, you will not get interest for the period for which PAN is inactive. Another major disadvantage of not linking PAN with Aadhaar is that you will be charged more TCS and TDS.

Why is this problem

Now know why the attempt to link PAN with Aadhaar fails. The Income Tax Department says that mismatches in demographic information such as name, date of birth and gender can cause problems in linking PAN to Aadhaar. The Income Tax Department has said that in such a situation the taxpayer should first get the incorrect PAN and Aadhaar information.

Last resort to link

If you have already done this If means you have corrected the PAN and Aadhaar errors, but still unable to link, Income Tax Department has also provided a solution for that. In such cases, you can visit the dedicated centers of PAN service providers. There you can avail the biometric based authentication facility by paying a fixed fee.

Kind Attention PAN holders!

While linking PAN with Aadhaar, demographic mismatch may occur due to mismatch in:
• Name
• Date of Birth
• Gender

To further facilitate smooth linking of PAN & Aadhaar, in case of any demographic mismatch, biometric-based authentication has… pic.twitter.com/UQuFnjda38

— Income Tax India (@IncomeTaxIndia) June 24, 2023

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