Key Points
If PAN is not linked with Aadhaar on or before June 30, 2023, then the status of such a PAN will be considered as inoperative as per Income-tax Act, 1961...
According to the Income Tax Departments website, Section 139AA of the Income Tax Act provides that every individual who has been allotted a permanent account number (PAN) as on the 1st day of July, 2017, and who is eligible to obtain an Aadhaar number, shall intimate his Aadhaar number in the prescribed form and manner..
The prescribed fee of Rs 1000 from 1st July,2022 should be paid in a single challan will be applicable before you submit request for Aadhaar-PAN linkage request on e-filing portal...
If the taxpayer has made the payment of some other amount or more than Rs.1000/- under Minor head 500 mistakenly, in such case there is no provision for refund of fee paid u/s 234H for late linkage of PAN-Aadhaar under the minor head 500..
From 1st July, 2023, the PAN of taxpayers who have failed to intimate their Aadhaar, as required, shall become inoperative and the consequences during the period that PAN remains inoperative will be as follows:..
