You can link PAN-Aadhaar easily online in the comfort of your home in just a few minutes through your bank or income tax portal
If you have already linked your PAN with your Aadhaar can verify the status by visiting the Income Tax e-filing website.
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In case you have not yet linked your PAN-Aadhaar, kindly do it immediately otherwise your PAN will be inoperative from 1st April 2023.
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If your PAN becomes inoperative, you will be liable to all the consequences under the I-T Act and will have to suffer a number of implications.
You will not be able to file an I-T return using the inoperative PAN.
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Pending returns will not be processed, Pending refunds cannot be issued to inoperative PANs. Tax will be required to be deducted at a higher rate
Pending proceedings as in the case of defective returns cannot be completed once the PAN is inoperative
You may face difficulty in doing banking transactions above certain limits or you will be facing difficulties in KYC-related on any financial portals.
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