BUSINESS

PAN-Aadhaar linking deadline ends today

By Akash Pandey

1

Link PAN, Aadhaar now!

The deadline to link the Permanent Account Number (PAN) to Aadhaar ends today (June 30). The PAN cards that are not linked to Aadhaar numbers will be rendered ineffective on July 1, 2023.

2

Scenario

The PAN is a crucial document and it needs to be linked to your Aadhaar credentials if you want your income tax return to be processed or conduct a banking transaction above Rs. 50,000.

3

What if you fail?

If you fail to link your PAN with Aadhaar, your PAN will become inoperative, meaning you'll no longer be able to use it to get pending tax refunds and interest on such refunds.

4

How to check the status?

Visit the Income Tax e-filing portal and under the quick links, tap on "Link Aadhaar Status." Now, enter your PAN and Aadhaar number, and click on "View Link Aadhaar Status."

5

Link PAN-Aadhaar this way

Click on the "Link Aadhaar" tab on the Income Tax e-filing portal. Now, enter your PAN and Aadhaar number, tap on "Validate," and follow the on-screen instructions.

For more Business news click on the link below