Aadhaar-page should be linked by March 31, if not, such a fine will be imposed - finally the government announced
Big news / Aadhaar-page should be linked by March 31, if not, such a fine will be imposed - finally the government announced
The central government announced penalties for those who did not link Aadhaar and Pan by March 31
Big announcement from Income Tax Department regarding Aadhaar and PAN card linking
Aadhaar-Pan link has to be done by 31st March
Failure to do so will result in a fine of Rs.500 to Rs.1000
The central government has now announced fines after extending the date for linking Aadhaar and PAN cards several times. The CBDT has issued a notification asking for Aadhaar-Pan card linking by March 31 or else pay a fine. The Income Tax Department has announced that those who do not link Aadhaar and PAN cards by March 31, 2022 will be fined Rs 500 to Rs 1,000. The last date to link a page with Aadhaar is March 31, 2022. Failure to do so by this date may result in cancellation of PAN card.
In a notification, the CBDT said that a late fee of Rs 500 would be levied for non-reporting of Aadhar-Pan link after March 31. If Aadhar-Pan is linked for next 3 months or June 30, 2022, the penalty would be levied. Taxpayers will have to pay Rs.1000 as penalty after this period.
Know the notification of Income Tax Department
According to the notification of the Income Tax Department, a fine of Rs.500 will be levied in the first three stages after April 1, 2022 and a fine of Rs.1000 will be levied if the Aadhaar page is not linked even after that. If the Aadhaar page is not linked within the stipulated period, the PAN card may be canceled.
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