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Important news for PAN card holders, Income Tax Department warns, do this work soon, otherwise there will be loss – 

Important news for PAN card holders, Income Tax Department warns, do this work soon, otherwise there will be loss –

The Income Tax Department has alerted PAN card holders by tweeting. By linking it with Aadhaar card till 31 March 2023, your PAN card may become inactive.

PAN Card Alert : Both PAN card and Aadhaar card are essential documents. No official work would have been easy without them. These days almost everyone has to have both these cards. From time to time, the Income Tax Department also keeps giving updates related to this. This time the department has alerted the users by releasing the information.

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Finish work on time
If you have not yet linked your PAN and Aadhaar card to each other, then do this work immediately. For this, the date of March 31, 2023 has been fixed. If you do not do this, you may suffer heavy losses. The department has given information about this by tweeting. As per the Income Tax Act 1961, for all PAN holders who do not come under the exemption category. It will be mandatory for them to link PAN with Aadhaar by March 3, 2023. If this does not happen by April 1, 2023, the card will be deactivated without being linked.

Need pan card
Till now many Income Tax Departments have been asked to link Aadhaar-PAN card. After which the date was also extended. PAN is an identification number given to taxpayers in India. Through this electronic system, all the information related to the tax of a person or a company is available on a single number. If you have not yet leaked your Aadhaar card and PAN card, then do these things before the scheduled time. Otherwise, you may have to face heavy losses as well

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