PAN-Aadhaar link: Every person who is eligible to have an Aadhaar card and also has a PAN card must link both these cards by March 31, as per Section 139AA of the Income Tax Act 1961.
Aadhaar PAN linking deadline: The last date to link PAN and Aadhaar card is March 31. The pan card holders can pay a fine of Rs 1,000 and link Pan Aadhaar cards online. If the taxpayers fail to link their PAN and Aadhaar Card by March 31, the PAN card will become inoperative. They will face consequences under IT Act and have to suffer a number of implications, according to CBDT. Watch Business Today visual story to know about steps to link PAN, Aadhaar Cards and more.