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Tuesday, March 23, 2021

Have you linked PAN card with Aadhaar card? Do it before April 1.

The last date to link PAN and Aadhaar cards is March 31, 2021. The PAN cards that are not linked to Aadhaar are announced as useless and “inoperative” which will trouble your financial transaction process. As per Section 272B of the Income Tax Act, a fine of Rs 10,000 will be imposed if one fails to link both these documents.

PAN card is mandatory for opening a bank account, buying shares or mutual funds, and cash transactions of above Rs 50,000. However, these functions of PAN cards will be activated only after the PAN cardholder linked the PAN and Aadhaar card.

This can be done through an SMS. To link PAN and Aadhar card via SMS, send an SMS to 567678 or 56161 from your registered mobile number in the following format
UIDPAN<SPACE><12 digit Aadhaar><Space><10 digit PAN> Example: UIDPAN 123456789123 ACEPM1910M.

Those who have linked PAN and Aadhar cardS should check whether their PAN card is linked to an Aadhar number or not. For that, you have to click on the direct link of the Income Tax Department website. incometaxindiaefiling.gov.in/aadhaarstatus.

Enter the PAN and Aadhaar number and click on ‘Visual connection Aadhaar status’. The PAN and Aadhaar connection status will now be displayed on your computer monitor.

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