Fine Up To Rs 1,000 After PAN Aadhaar Link Deadline.

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Income Tax department on Wednesday issues a notification asking the taxpayers to link their PAN card with Aadhaar by March 31.

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The government, through a notification, has brought into effect the Income Tax (Third Amendment) Rules, 2022 with effect from April 1, 2022.

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These rules of income text make it clear for every person to link Aadhaar number with PAN number, failing which penalty will be paid.

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PAN-Aadhaar Linking Last Date

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Central Board of Direct Taxes (CBDT) said that delayed reporting of Aadhaar will attract a late fee of Rs 500 in cases where it is linked within the next 3 months or by June 30, 2022.

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CBDT said that within 3 months or after June 30, 2022, Rs 1,000 will be paid. Taxpayers will have to pay as fine.

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The CBDT further added that not linking PAN with Aadhaar will lead to PAN becoming inoperative after March 31, 2022 and it can be re-operationalised on payment of penalty.

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It is advisable for taxpayers to check their income tax portal and ensure that Aadhaar and PAN are linked.

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