PAN CARD – AADHAR CARD LINK IS MANDATORY

✅ Why is it Mandatory?

• To prevent duplication of PAN cards.
• For filing Income Tax Returns (ITR).
• To avoid PAN becoming inoperative.

🔴 What Happens If Not Linked?

• Your PAN will become inoperative.
• You won’t be able to do financial transactions like:
  • Opening bank accounts
  • Demat transactions
  • Mutual fund investments
  • TDS refunds

📅 Latest Deadline:

As of now, the last extended deadline was June 30, 2023, but if you haven’t linked it, you can still do it with a late fee of ₹1,000.

🔗 How to Link PAN with Aadhaar (Online):

1. Visit: https://incometax.gov.in
2. Click on “Link Aadhaar” under Quick Links.
3. Enter your PAN, Aadhaar, Name, and Mobile Number.
4. Pay ₹1,000 penalty if asked.
5. Verify via OTP and submit.