PAN Aadhaar Link Fine: After many deadlines are over, the last date for PAN and Aadhaar Link (PAN Aadhaar Link) is over on 30th June! Now all those PAN cards are in-operative! Those who are not linked to Aadhaar! If you use this PAN (Permanent Account Number) card! So you will have to pay a fine of Rs 10,000.
PAN Aadhaar Link Fine
According to the Income Tax Department, became in-operative after June 30! To reactivate the PAN card (PAN Aadhaar Link), you will have to pay a fee of Rs 1000. After which you will be able to use your PAN card again after about a month! But it is not that simple! You will not get Rs 1000 but a total of Rs 6000 in PAN (Permanent Account Number) card! Let’s know! How !
ITR filers will face trouble: PAN Aadhaar Link Fine
Due to the linking of PAN and Aadhaar (PAN Aadhaar Link), people whose PAN card (PAN Card) has become in-operative from July 1! The biggest loss to them will be on filing ITR! You will need PAN to file ITR. Your old PAN (Permanent Account Number) card will not be accepted on the Income Tax Department website itself!
Permanent Account Number
You will have to pay Rs 1000 to reactivate the PAN card. But this process will take 1 month. And the last date for filing tax returns is July 31. If missed, late fee of Rs 5000 will have to be paid. In this case, if you activate PAN (Permanent Account Number) and file the return! So you will have to pay Rs 5000 ITR late fee and Rs 1000 for Aadhaar PAN linking (PAN Aadhaar Link)! That means a fine of Rs.6000!
Aadhaar activation will take 30 days: PAN Aadhaar Link Fine
The last date for filing income tax return i.e. ITR is July 31, 2023! On the other hand, if you have not made your PAN and Aadhaar Link (PAN Aadhaar Link), then you will have to wait for about 30 days! If you apply for PAN (Permanent Account Number) Aadhaar link today! So you will be able to use PAN card only till 7th August. You will not be able to file your ITR till 31st July. Because ITR filing is a long process! In which it can take up to 30 days! And as of today you don’t have that much time!
After paying the fine, you will have to wait for 1 month Permanent Account Number
It is not that you have paid the fine and after that your PAN (Permanent Account Number) will be activated! It will take a month for the PAN to become active again. You will have to inform the concerned department after paying the fine. On the information given by you, the department will restart your PAN (PAN Card) after 1 month! Suppose you paid the fine on 2nd July! After that request to activate PAN (PAN Aadhaar Link) again! So your PAN will be activated on 1st August. Experts say! That this fine payment will be in the form of other payment. So make sure that the correct option is selected while making the fine payment!
Activate your inactive PAN card in this way
- To link PAN and Aadhaar (PAN Aadhaar Link), first log in to your account on the e-filing website of the Income Tax Department.
- After logging in, click on the option to link PAN card with Aadhaar.
- After clicking on this link you will be asked for personal information. You have to fill it! After filling all the columns, a fine of Rs 1000 will have to be filled.
- You can easily pay the penalty amount through e-pay tax in PAN (Permanent Account Number)! After this, its information will have to be given to the Income Tax Department.
PAN Aadhaar Link Fine
Will have to market! If you apply for PAN (Permanent Account Number) Aadhaar link today! So you will be able to use PAN card only till 7th August. You will not be able to file your ITR till 31st July. Because ITR filing is a long process! In which it can take up to 30 days! And according to today’s date, you do not have that much time to link PAN and Aadhaar (PAN Aadhaar Link)!
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The post PAN Aadhaar Link Fine: PAN and Aadhaar link was not done thinking only ₹ 1000 fine, now it will cost ₹ 6000 fine appeared first on SRB Post.