PAN-Aadhaar linking deadline ends today; last chance to avoid fine, discontinuation of PAN card—Key things to know

Aadhaar-Pan linking deadline: It has been made mandatory to link your Aadhaar number with PAN Card by March 31, 2022, failing which will lead to fine and subsequently discontinuation of your PAN card.  

As per the government, those who fail to link their PAN with Aadhar card will face a penalty of Rs 500 after three months of the deadline and Rs 1,000 fine post 9 months. 

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Such PAN will remain functional for one more year till March 2023, for filing ITR, however, it will not be valid from next year. During this period, the PAN can be used for any transaction or trading, but will be discontinued from the next  

CBDT amends Income Tax Rules,1962 for prescribing fee u/s 234H of IT Act,1961. Window of opportunity provided to taxpayers upto 31st March,2023, vide Notification No. 17/2022 dt 29/03/2022 for intimating Aadhaar on payment of certain fee. Circular No. 7/2022 dt 30/3/2022 issued. pic.twitter.com/oqSHSyFHro

— Income Tax India (@IncomeTaxIndia) March 30, 2022

“Central Board of Direct Taxes (CBDT) amends Income Tax Rules,1962 for prescribing fee u/s 234H of IT Act,1961. The window of opportunity provided to taxpayers up to 31st March 2023, vide Notification No. 17/2022 dt 29/03/2022 for intimating Aadhaar on payment of a certain fee. Circular No. 7/2022 dt 30/3/2022 issued," Income Tax India said in a tweet. 

Earlier, the deadline for linking PAN card with Aadhaar was 30th September 2021. The CBDT, however, extended the deadline for linking of PAN card with Aadhaar card deadline by three months till 31 March 2022. 

The government through a notification issued on March 29 has brought in Income-tax (Third Amendment) Rules, 2022 to be effective from the 1st day of April, 2022. The rules makes it mandatory for every person to link Aadhaar number with PAN number, failing which one will be liable to pay a fine. 

As per the notification, every person who, in accordance with the provisions of sub-section (2) of section 139AA, is required to intimate his Aadhaar number to the prescribed authority in the prescribed form and manner, fails to do so by the date referred to in the said sub-section, shall, at the time of subsequent intimation of his Aadhaar number to the prescribed authority, be liable to pay, by way of fee, an amount equal to, —  

(a) five hundred rupees, in a case where such intimation is m 

(b) one thousand rupees, in all other cases.  

How to link Aadhaar with Pan Card?  

-Go to the e-filing website of the Income Tax Department (www.incometaxindiaefiling.gov.in).  

-Look for 'link Aadhaar' option  

-Enter the PAN card and Aadhaar Numbers and full name. 

-Enter date of birth and other relevant details as asked 

-Now, enter the captcha code 

-Click on the 'link Aadhaar' button at the bottom of the webpage and you are good to go.