Integrated Solutions Ajmer

1. Please link your Aadhar Card number with PAN Card number till March 31st, 2023 by paying fee of Rs.1000/- on income tax portal otherwise your PAN Card will become inoperative thereby not allowing you to file your income tax return or claiming income tax refunds if applicable...

2. Further at present you have to pay only Rs.1000/- as challan being fee for late linking since last due date was 31.03.2022 without fee.
However from 01.04.2023 penalty of Rs.10000/- could be levied for linking the Aadhar Card number with PAN Card number...

3. A circular issued by the Central Board of Direct Taxes (CBDT) on March 30 said once a PAN becomes inoperative, an individual shall be liable to all the consequences under the I-T Act and will have to suffer a number of implications.

***The person shall not be able to file I-T return using the inoperative PAN; pending returns will not be processed; pending refunds cannot be issued to inoperative PANs; pending proceedings as in the case of defective returns cannot be completed once the PAN is inoperative and tax will be required to be deducted at a higher rate.

***"In addition to the above, the taxpayer might face difficulty at various other fora like banks and other financial portals as PAN is one of the important KYC (know your customer) criterion for all kinds of financial transaction," the circular said.

PS: It takes 5 days for the challan of Rs.1000/- paid as fee to reflect on the portal to allow you to link the AADHAR with PAN.
THEREFORE EFFECTIVE DATE FOR LINKING AADHAR IS 5-6 DAYS BEFORE 31.03.2023 i.e. you have make payment of Rs.1000/- 5-6 days in advance before the due date of 31.03.2023.

Following is the information provided at the income tax india eportal website:

Information :As per CBDT circular F. No. 370142/14/22-TPL dated on 30th March 2022, every person who has been allotted a PAN as on 1st July 2017 and is eligible to obtain Aadhaar number is required to link PAN with AADHAAR on or before 31st March, 2022. Taxpayers who failed to do so are liable to pay a fee of Rs. 500 till 30th June, 2022 and thereafter a fee of Rs. 1000 will be applicable before submission of PAN-AADHAAR linkage request.

Please pay the applicable fee of Rs. 1000 through e-Pay Tax service to proceed with submission of Aadhaar-PAN linking request. Click here for payment related information.

In case payment is already done on Protean (NSDL) portal, please try linking after 4-5 working days from the date of payment.

Please make sure fee payment is done under Minor head 500 - Other Receipts(500) and Major head 0021 [Income Tax (Other than Companies)] in single challan.

Hurry effectively 25 days are left to make payment and then link the AADHAR CARD number with PAN CARD number on Income tax website.

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Link: https://eportal.incometax.gov.in/iec/foservices/ #/pre-login/bl-link-aadhaar

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