This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit websites that posts a link to this Policy (collectively, “the sites”). understands that your privacy is important to you and we are committed for being transparent about the technologies we use. Check Business Breaking News Live on Zee Business Twitter and Facebook. Get Latest Business News, Stock Market Updates and Videos Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Post payment of fee you can link PAN with Aadhaar. Select AY 2024-25 and type of Payment as Other Receipts (500) and click Continue.Ĩ. After OTP verification it will lead to e-Pay Tax page and click on proceed button.ħ. Enter your PAN and mobile number to receive OTP.Ħ. Click on Continue to Pay Through e-Pay Tax.ĥ. On Dashboard, in Profile Section click on Link Aadhar.Ĥ. Login to the Income Tax e-filing portal.Ģ. How to pay penalty for linking PAN and Aadhaar?ġ. In addition to that, the Income Tax Department has announced that it will consider before making PAN inoperative in the cases where individuals have paid the penalty for linking the two documents, but the linking process has not been completed yet. Hence, if someone puts up the request on July 3, the PAN will be operative again by August 2, after payment of the fee.
According to the Income Tax Department, a PAN can get re-active again in 30 days after disclosure of Aadhaar to the mentioned authority and payment of a penalty fee of Rs 1,000. However, despite missing the deadline there are many ways you can still link your PAN with Aadhaar and reactivate your inoperative PAN.Įven after the deadline of linking PAN with Aadhaar, you can still do so, but it comes with a fee.With an inoperative PAN you may face several problems in bank transactions and in availing loans.Pending refunds for the inoperative PANs will not be issued.Pending returns of the defaulter will not be processed.Income Tax Return (ITR) filing will not be allowed using inoperative PAN.
0 kommentar(er)
