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PAN and Aadhaar linking not done yet get ready to pay a double penalty from today

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fullpowermail.com

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newsletters@fullpowermail.com

Sent On

Fri, Jul 1, 2022 07:24 AM

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[PAN Aadhaar linking not done yet Get ready to pay a double penalty from today]( [Pan cardholders will now have to pay a Rs1000 fine for not linking the PAN with their Aadhaar card. Prior to this the penalty was Rs500. As per the newly inserted Section 234H of Income Tax Act in March 2021 via Finance Bill non linking of PAN with Aadhaar would attract a penalty of up to Rs1000 but such PAN cards will remain functional for one more year till March 2023 for filing ITR claiming refunds and other I T procedures. One can link PAN and Aadhaar after paying the late fee.]( Â [Read More]( To Unlist [Click Here](

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