The Income Tax Department has extended the deadline to link your Aadhaar with your Permanent Account Number (PAN) card, providing taxpayers with more time to complete this crucial step. The new deadline is now June 30, 2023. By linking Aadhaar with PAN, you play an essential role in curbing tax evasion, as emphasized by officials. Failure to link these two documents will render your PAN card inoperative. However, if you missed the initial deadline of March 31, 2023, there is a penalty of ₹1,000 to be paid.
- Visit the official income tax return e-filing website: www.incometaxindiaefiling.gov.in.
- Look for the ‘link Aadhaar' option and click on it.
- Fill in the designated fields with accurate information, including your Permanent Account Number, Aadhaar Number, and your full name as stated on your Aadhaar card.
- Provide additional details, such as your date of birth, in the relevant fields.
- Enter the captcha code to ensure the security of your data.
- Select the appropriate option based on your requirements.
- Finally, click on the ‘link Aadhaar' button located at the bottom of the webpage.
By following these simple steps, you can ensure the linkage between your PAN and Aadhaar without facing any repercussions. However, it is crucial to act promptly, as the consequences of an unlinked PAN will come into effect from July 1, 2023. If your PAN becomes inoperative, you can reinstate its functionality within 30 days by informing the prescribed authority about your Aadhaar linkage and paying a fee of ₹1,000.
Make sure to complete this process within the extended deadline to avoid penalties and ensure the smooth functioning of your PAN card. By complying with this mandate, you contribute to the nation's efforts in combating tax evasion. Stay informed and act now to safeguard your financial interests.
Remember, time is of the essence! Link your PAN with Aadhaar today and enjoy a hassle-free taxation experience.