Question: What Happens If We Dont Link Aadhaar Card To PAN Card?

What is PAN number?

permanent account numberPAN, or permanent account number, is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax Department under the supervision of the Central Board of Direct Taxes.

It also serves as an identity proof..

The government in the Union Budget 2017 had introduced a law making it mandatory for every individual having a PAN to link with their Aadhaar number. Here are different ways to link the same. The last date to link PAN with Aadhaar is March 31, 2021.

What happens if PAN card is not linked with bank account?

In case your PAN Card is not linked with a bank account, opening a fixed deposit account, depositing cash more than Rs. 50,000 will not be possible. Moreover, it will also result in TDS getting deducted at 20% if the interest amount of the FD account exceeds Rs.

But in case you are an NRI (non-resident Indian) looking to link your Aadhaar card, you need not worry. As per the government criteria, NRIs do not have to link their Aadhaar for banking, mobile, PAN and other services. Aadhaar is only for residents of India. NRIs are not eligible to get Aadhaar.

How can I know my Aadhaar card linked with PAN card?

Visit www.incometaxindiaefiling.gov.in.Under the ‘Quick links’ head, click on ‘Link Aadhaar’ option. ET Online.A new page will open on your computer screen. … After clicking the hyperlink, you will be required to enter your details- PAN and Aadhaar number.Enter the details and click on ‘View Link Aadhaar Status’.

How can I know my Aadhar card is linked with PAN card?

Have you linked Aadhaar with PAN? Here’s how to check the statusStep 1: Visit Income Tax e-filing website and go to Aadhaar status or click here — incometaxindiaefiling.gov.in/aadhaarstatus.Step 2: Enter PAN and Aadhaar Number.Step 3: Click on ‘View Link Aadhaar Status’Step 4: The status of the linking will be displayed in the next screen.

31 March 2020The linking of Aadhaar with PAN is a mandate for the processing of income tax returns. The extended deadline for linking the two was 30 June 2018 earlier, which has now been further extended to 31 March 2020.

People can get their PAN and Aadhar linked online by following the steps mentioned below:Visit the Income Tax e-Filing website and click on the ‘Link Aadhaar’ option under the quick links.Enter your PAN and Aadhaar number.Enter the name as mentioned in your Aadhaar card.More items…