Pan-Aadhaar Link: These people will not have to link Pan Card with Aadhaar, know who is included in the list
2 min readPan-Aadhaar Link: The authorities has made it obligatory to link PAN card with Aadhaar card. The authorities has prolonged the deadline for linking by a very long time. However, many people nonetheless have not linked their PAN card with Aadhar card. However some people do not want to do that linking.
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Let us know who is included in this list.
Pan-Aadhaar Link: It has been made obligatory to link PAN Card with Aadhaar Card. Actually, PAN card is used for monetary transactions or tax. Similarly, Aadhar card is an necessary ID proof. It is used for non-government and authorities functions.
In such a scenario, the authorities has made it obligatory to link PAN card with Aadhar card. Many deadlines got by the authorities relating to the link. Today we will let you know which people do not want to link PAN card.
Pan-Aadhaar Link: Who can not link PAN card with Aadhaar card?
Let us let you know that some people do not want to link PAN card with Aadhar card. These embrace people above 80 years of age. Apart from this, in accordance to the Income Tax Act, non-residents or these who do not have Indian citizenship are additionally not required to link PAN card.
Pan-Aadhaar Link: What will occur if PAN card is not linked?
Those PAN card holders who have not but linked their PAN card ought to do that as quickly as doable. If Aadhaar card is not linked to PAN card then PAN card will be robotically deactivated. This signifies that it will not be used as a doc. Apart from this, many monetary transactions are additionally banned.
ITR can’t be filed if PAN is not linked to Aadhaar. Apart from this, financial institution associated transactions are additionally stopped. Even the advantages of many authorities schemes are not availed.
To activate the PAN card, one will have to go to the Income Tax Department web site and link PAN with Aadhaar by paying a late charge of Rs 1,000.
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