More than 12 crore PAN cards remain unlinked, with 11.5 crore of them facing deactivation due to non-compliance, said I-T dept in a RTI reply
The income tax department on Friday said it will "duly consider" cases where linking of PAN with Aadhaar is yet to happen despite individuals giving their consent and having paid the fee. The last day for linking PAN with biometric Aadhaar on paying a late fee of Rs 1,000 is June 30, 2023. From July 1, 2023, PAN will become inoperative for individuals who have failed to link it with Aadhaar and TDS and TCS will be deducted at a higher rate. In a tweet, the income tax department said instances have come to notice where PAN holders have faced difficulty in downloading the challan after payment of fee for Aadhaar-PAN linking. "In this regard, it is to be informed that status of challan payment may be checked in 'e-pay tax' tab of portal after login. If a payment is successful, then PAN holder can proceed to link PAN with Aadhaar," it said. "In cases where fee payment and consent for linking have been received, but linking has not been done till 30.06.2023, such cases will be duly ...
The Income Tax Department has again reminded taxpayers not to miss the deadline, warning them to miss it at their own risk
While the late fees for linking PAN-Aadhaar will shoot up, doctors and influencers will have to pay 10% TDS on the benefits they receive from sales promotions
The government has made the PAN-Aadhaar linking mandatory for filing ITR (Income Tax Return) and obtaining a new Permanent Account Number (PAN) from July 1.