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PAN card holders may have to pay rs 10000 penalty after 31st march 2022

If you also have such a PAN card, then under section 272N of the Income Tax Act 1961, the Assessing Officer may direct that such person shall pay an amount of Rs 10,000 as penalty.

If you also have a PAN card, then this news is very important for you. PAN card holders are advised to link their Permanent Account Number (PAN) with Aadhaar card number by 31 March 2022. If you do not link your PAN with Aadhaar before this deadline, then your PAN card can also be deactivated. Apart from this, you will also have to pay Rs 1,000 for linking PAN with Aadhaar.

The problem of the PAN card holder will not end here, as the person will not be able to invest in mutual funds, stocks, open bank accounts, etc., where it is necessary to present the PAN card.

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Also, if the person produces a PAN card, which is no longer valid, then under section 272N of the Income Tax Act 1961, the Assessing Officer may direct that such person shall pay Rs 10,000 as penalty.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

You can do this online link
>> First of all go to the Income Tax website.
>> Enter the Name, PAN Number and Aadhaar Number as given in the Aadhar Card.
>> Tick square if only year of birth is given in Aadhar card.
>> Now enter the captcha code.
>> Now click on Link Aadhaar button
>> Your PAN will be linked with Aadhaar.

You can get this link through SMS,
you have to type UIDPAN on your phone. After this, enter the 12 digit Aadhaar number. Then enter the 10 digit PAN number. Now send the message mentioned in step 1 to 567678 or 56161.

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How to
Deactivate PAN Activated Inactive PAN Card can be activated. For this you have to send an SMS. You have to go to the message box and after entering the 10 digit PAN number from your registered mobile, enter the 12 digit Aadhaar number by giving space and SMS to 567678 or 56161.

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