Income tax issued a warning! These PAN card holders will have to pay a fine of Rs 10,000, do this work immediately

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PAN card is also used for identification and financial transactions, but many times people make one or more PAN cards by mistake. This time in the budget, Finance Minister Sitharaman has also made a big announcement regarding PAN card.

In Budget 2023, the Finance Minister has given a new identity to the PAN card. He has said that now the use of C will be common for all. Now you can use PAN card as a generic identifier. Along with this, any business can also be started with PAN card only.

In such a situation, it is very important to keep your PAN card active. For this, PAN card holders are advised to link their Permanent Account Number (PAN) with Aadhaar card number by June 30, 2023. If you do not link your PAN with Aadhaar before this deadline, your PAN card can also be deactivated. Along with this, you will also have to pay Rs 1,000 to link PAN with Aadhaar.

These PAN card holders will have to pay Rs 10,000.

Further, if the person produces a PAN card, which is no longer valid, then under section 272N of the Income Tax Act, 1961, the Assessing Officer may direct that such person shall pay a penalty of Rs.10,000. Will pay an amount of Rs.

Jail can also happen for these reasons.

Many times people make one or more PAN cards by mistake. Although these PAN cards are made only on the basis of correct identity and details, but before 2016 the Income Tax Department had received many complaints. It was revealed in these complaints that he had more than two PAN cards.

If you also have more than one PAN card, then it would be better for you to surrender them. The Income Tax Department says that if a person has more than one PAN card, then there is a minimum sentence of 6 months and a minimum fine of Rs 10,000. There can be both punishment and fine.

This is how you can get online link

First of all go to the Income Tax website.
Enter the name, PAN number and Aadhaar number as given in the Aadhaar card.
Tick ​​the category if only year of birth is given in Aadhaar card.
Now enter the captcha code.
Now Click on Link Aadhaar Button,
Your PAN will be linked with Aadhaar.

In this way you can link via SMS

You have to type UIDPAN on your phone. After this, write the 12 digit Aadhaar number. After this, enter the 10 digit PAN number. Now send the message mentioned in step 1 to 567678 or 56161.

How to Activate Inactive PAN An inactive PAN card can be activated. For this you have to do an SMS. You have to go to the message box and enter 10 digit PAN number from your registered mobile, then enter 12 digit Aadhaar number by giving space and SMS to 567678 or 56161.

(pc rights of employees)

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