“The deadline to link PAN (Permanent Account Number) with Aadhaar is today, as extended by the Income Tax Department from the initial deadline of March 31. It is crucial to complete this process before June 30 to avoid potential consequences.
In order to provide some more time to the taxpayers, the date for linking PAN & Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for PAN-Aadhaar linking without facing repercussions.
— Income Tax India (@IncomeTaxIndia) March 28, 2023
The primary objective behind linking PAN with Aadhaar is to eliminate duplicate entries in the PAN database, as instances of individuals being assigned multiple PAN numbers have been discovered by the Income Tax Department.
Failure to link PAN with Aadhaar by the deadline can result in certain implications. The individual’s PAN will become inoperable, rendering them unable to file income tax returns and causing difficulties in conducting financial transactions at banks. It is also essential for investors in the securities market to link their PAN and Aadhaar to avoid any transactional obstacles.
To link PAN and Aadhaar online, follow these simple steps:
- Visit the official website of the Income Tax Department (click here to access the website).
- Look for the PAN-Aadhaar linking section on the website.
- Enter the necessary details, including PAN and Aadhaar information.
- Follow the provided instructions to complete the linking process.
This online procedure is not only straightforward but also time-efficient, taking only a few minutes to finish.”
Please note that the content has been rewritten to ensure uniqueness while retaining the essence and information from the original blog.