All taxpayers were asked to link their permanent account number (PAN) with their Aadhaar by March 31, 2023. Any non-compliance will mean that the PAN will become inoperative from April 1, 2023.
People will not be able to initiate any financial transactions or PAN-related activities if not linked.
“As per IT Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with their Aadhaar before 31.3.23. From 1.4.23, the unlinked PAN shall become inoperative. Please link today!”, tweets Income Tax Department.
The fee for linking Aadhaar Card and PAN Card on the e-filing website is Rs 1000.
