Business / Pan card shall become inoperative if PAN card is not link with Aadhaar

Income Tax: Many documents are issued by the government to prove their identity and for different works. People can easily get their work done through these documents. At the same time, PAN card is used for the record of financial transactions. The government in the country keeps records of financial transactions with the help of PAN card. PAN card is issued through the Income Tax Department. However, now people's PAN card can also be inoperative.

permanent account number

PAN (Permanent Account Number) is an identification number given to all taxpayers in India. PAN is an electronic system through which all tax related information for an individual/company is recorded in a single PAN number. It acts as the primary key for storing information and is shared across the country.

Pan Card - Aadhaar Card Link

However, now an important information has come to the fore regarding the PAN card. Actually, it is very important to link Aadhaar card with PAN card. Many times people have been asked by the Income Tax Department to link Aadhaar card with PAN card. Although still many people have not linked Aadhaar card with PAN card.

pan card will be inactive

Now, while tweeting, the Income Tax Department has asked people to link Aadhaar card with PAN card. In a tweet, the Income Tax Department said, 'As per the Income Tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempted category, to link their PAN with Aadhaar before 31.03.2023. From 01.04.2023 those PANs which are not linked with Aadhaar will become inactive. The last date is near. Don't delay, link today!'

In such a situation, people whose PAN card has not been linked with Aadhaar card, they should get both the documents linked, so that they do not face any problem.