PAN card holders could be fined ₹10,000 for not linking it with Aadhaar
Your PAN card will become inoperative if it is not linked to Aadhaar within March 31
Using an inoperative PAN card might lead to a ₹10,000 fine
NEW DELHI : If you fail to link your PAN card with Aadhaar card within the deadline of March 31, then the income tax department might impose a penalty of ₹10,000 on you for using an inoperative Permanent Account Number. The income tax department had earlier announced that all unlinked PAN cards will be declared as "inoperative" and now it has issued a new notification saying that such PAN card holders shall face consequences under the Income Tax Act for not furnishing PAN.