New Delhi: The Income Tax Department has said that taxpayers who do not link the Aadhaar number with the PAN card will be fined.
Although the PAN card must be applied by everyone, the PAN card is mandatory for income taxpayers. Income tax payable by a person is calculated on the basis of PAN number.
That is the Permanent account number for him. Since the introduction of the Aadhaar number during the Congress rule, it has been relevant in all our applications.
Aadhaar link with PAN number, Aadhaar link with our mobile number It has been necessary to link the Aadhaar number to various services.
In that regard, the Central Income Tax Department has long insisted on linking the Aadhaar number with the PAN card.
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The deadline was March 31 last year. Then, the deadline was extended to the end of September last year.
Even then, the deadline of March 31 this year has been extended as many have not linked their support to the PAN card.
In this case, the Income Tax Department has announced that taxpayers who do not link the Aadhaar number with the PAN card will be fined between Rs 500 and Rs 1,000.