What happens if someone is not linked to PAN and aadhaar?

If you fail to link your PAN with your Aadhaar by the deadline, you will face the following consequences:

  • Your PAN will become inoperative.
  • You will not be able to use your PAN for any financial transactions.
  • You may face penalties from the Income Tax Department.

Here are some of the financial transactions that you will not be able to do if your PAN is inoperative:

  • Opening a bank account
  • Investing in mutual funds
  • Buying a property
  • Filing an income tax return
  • Applying for a loan

The Income Tax Department may also impose a penalty of up to Rs. 1,000 for not linking your PAN with your Aadhaar by the deadline.

Therefore, it is important to link your PAN with your Aadhaar before the deadline. You can link your PAN with your Aadhaar online or offline.

Here are the steps on how to link your PAN with your Aadhaar online:

  1. Go to the Income Tax Department website.
  2. Click on the “Link PAN-Aadhaar” link.
  3. Enter your PAN and Aadhaar number.
  4. Click on the “Link” button.
  5. You will receive a confirmation message once your PAN is linked to your Aadhaar.

Here are the steps on how to link your PAN with your Aadhaar offline:

  1. Fill up the PAN-Aadhaar linking form.
  2. Attach a copy of your PAN card and Aadhaar card.
  3. Submit the form to any NSDL or UTIITSL centre.
  4. You will receive a confirmation message once your PAN is linked to your Aadhaar.

How much should I pay to link pan aadhaar

If you link your PAN with your Aadhaar before June 30, 2023, you will not have to pay any fee. However, if you link your PAN with your Aadhaar after June 30, 2023, you will have to pay a fee of Rs. 1,000.

You can pay the fee to link your PAN with your Aadhaar online or offline.

Here are the steps on how to pay the fee to link your PAN with your Aadhaar online:

  1. Go to the Income Tax Department website.
  2. Click on the “Link PAN-Aadhaar” link.
  3. Enter your PAN and Aadhaar number.
  4. Click on the “Pay Fee” button.
  5. You will be directed to the payment gateway.
  6. Pay the fee using your debit card, credit card, or net banking.
  7. You will receive a confirmation message once the fee is paid.

Here are the steps on how to pay the fee to link your PAN with your Aadhaar offline:

  1. Fill up the PAN-Aadhaar linking form.
  2. Attach a copy of your PAN card and Aadhaar card.
  3. Submit the form to any NSDL or UTIITSL centre along with the fee of Rs. 1,000.
  4. You will receive a confirmation message once the fee is paid.
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