Hyderabad: The Income tax department had extended the deadline to link PAN and Aadhar card until May 31 with a fine of Rs 1000.
It is mandatory to link both the identity cards. A notification to link the cards for free was released and its deadline was also ended.
Now, for the people who did not avail the free linking of Aadhar and PAN, the officials have made an arrangement to do so with a fine. The tax will be higher on transactions made before March 31, 2024 for people who failed to link PAN-Aadhar, said IT officials. Linking PAN-Aadhar ensures you don’t face higher tax deductions/ tax collection.
Here’s how you can link PAN-Aadhar cards:
If you are doubtful of PAN-Aadhar linkage then you can check the status at the IT department’s website under the “link Aadhar status.”
If you haven’t linked then follow these steps:
-Login to the IT department’s website and click on e-Pay Tax.
-Enter and verify your PAN number, mobile number
-Confirm your phone number with an OTP and choose a payment method
-Choose assessment year and other receipt
-Complete the payment and Note the necessary details
It takes 4/5 business days to complete payment, after which you go to the IT department’s e-Filing Website and link Aadhar with PAN.
