Aadhar Pan card link 2024 : As we all know, PAN Card facility issued by the Government of India is very important for every citizen. It is necessary for every citizen to have his own PAN card. PAN Card is considered one of the important documents which contains all the information about the entire financial system and financial condition of the person. If today you are doing any transaction or withdrawal of more than ₹ 50000 or purchasing any kind of goods then it becomes very important to enter the PAN Card information.
In such a situation, it is very important for all those people who are earning income or doing transactions of more than Rs 50,000 to have a PAN card. In today’s article we will know how to link Aadhar PAN 2024. It is necessary to link Aadhar PAN 2024 by 31st May, if not done then what will be the consequences, we are going to tell you in today’s article. Read the article “Aadhar PAN Link 2024 Process” till the end.
As we said, PAN card is an important document. In such a situation, if you do not have a PAN card and you have to do a transaction of more than ₹ 50000 (PAN Card Used for How Much Transaction?) or want to avail the benefit of any financial facility and you do not have a PAN card, then your various Have to face all kinds of problems. In such a situation, it is necessary for every person to have a PAN card. It is also very important for PAN card to be linked to Aadhar (Aadhar PAN Link 2024).
Aadhaar PAN Link Last Date 31 May
For the information of all those people who have PAN card but have not yet got Aadhar PAN linked, if you have not got PAN Aadhar linked till 31st May 2024, then major action will be taken against you by the Government of India and the Income Tax Department. can be done . Yes, according to the Income Tax Department, if any person does not have Aadhaar PAN link, then such person will not get any exemption in TDS deduction, rather major action will be taken against him.
Biometric Verification Process for Aadhaar
All those citizens who use PAN card and are income tax payers will have to bear the brunt of their negligence if they do not link PAN to Aadhaar. It is very important to get biometric verification of PAN card done, in such a case, if PAN card is not linked to Aadhar card and its biometric verification is not done, then double TDS will be deducted on your income. Apart from this, Income Tax Department can also take strict action against you and heavy fine can also be imposed on you. That is why all of you are requested that if you have not yet linked your PAN card with Aadhaar card, then do it before May 31, 2024.
Income Tax Department will impose fine
For the information of the readers, let us tell you that the Income Tax Department gives different types of relief to many tax payers in different cases depending on their financial condition and their tax liability. In such a situation, if the PAN card of the tax payer is not found linked to the Aadhar card or the PAN card is found inactive, then the Income Tax Department will not give any kind of exemption to such persons. Rather, major action can be taken against them. In such a situation, before May 31, 2024, every taxpayer is requested to link Aadhaar with PAN card and get his biometric verification done.
