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Non-linking of PAN with Aadhaar by March 31 to attract penalty of Rs 500-1,000

The last date for linking Permanent Account Number (PAN) with biometric Aadhaar is March 31, 2022. Not adhering to the deadline will lead to PAN becoming inactive.

PAN, AadhaarThe deadline for linking PAN with Aadhaar is March 31.

The Income Tax department on Wednesday said that taxpayers who had not yet linked their Aadhaar cards with their Permanent Account Number (PAN) and did not do so by March 31 would be required to pay a penalty between Rs 500 and Rs 1,000 after Thursday.

The Central Board of Direct Taxes said a late fee of Rs 500 will be levied in cases where the Aadhar is linked within the next three months or by June 30, 2022. A fine of Rs 1,000 will be levied thereafter.

Non-linking of PAN with Aadhaar will lead to the former becoming inoperative after March 31, and it will be re-operationalised only after paying penalties, it said. According to official data from the income tax department, around 50 crore PAN have been linked with Aadhar to date.

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First published on: 30-03-2022 at 05:50:47 pm
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