Taxpayers who fail to meet this deadline may face financial consequences, as they will be subject to higher tax deductions and collections as per Sections 206AA and 206CC of the Income Tax Act, 1961.
Avoid Higher TDS! Link PAN with Aadhaar Today (May 31st). Simple Steps Inside! The Income Tax Department warns taxpayers to link their PAN with Aadhaar by today and more at news18.com