Alert! PAN card will be canceled after 15 days, with fine of 10 thousand ..



If you have a PAN card, then be ready to pay a penalty of 10 thousand rupees,

if it is not linked to Aadhaar before June 30. The last date to link PAN to

Aadhaar is 30 June.

A notification in this regard has been issued under Section 272B of the Income Tax Act of

the Income Tax Department. 



Earlier, the last date for linking Aadhaar with PAN card was 31 March 2020. But due to the

lockdown due to the corona virus epidemic, Finance Minister Nirmala Sitharaman has

extended its last date to June 30. Apart from this, Aadhar card is also necessary for making PAN Card.


 

According to the income tax law, if both the cards are not linked, then after 30th June, the

PAN card will be canceled. Along with this, a fine of Rs 10 thousand will also be charged.

Therefore, link it to Aadhaar in 15 days.



Comments