PAN Aadhaar Linking Not Must For These People: As the last date for linking PAN-Aadhaar is getting closer, the concern of PAN users is increasing, but the Central Board of Direct Taxes has exempted some PAN users from Aadhaar linking.
The Income Tax Department has issued a warning to PAN users that they must link their PAN with Aadhaar. For this, time has been given till June 30, 2023 (Pan Aadhaar Link Last Date). As per the new instructions of the Central Board of Direct Taxes (CBDT), certain consumers have been exempted from PAN Aadhaar linking. In such a situation, if you come in the list of exempted categories, then you will not need to link PAN with your Aadhaar. At the same time, the users who need to link and did not link within the deadline, then they may face a lot of trouble.
Link PAN-Aadhaar by paying penalty
The Central Board of Direct Taxes (CBDT) had extended the last date for linking PAN with Aadhaar by 3 months on 31 March to 30 June 2023 in the last month of April. According to CBDT, till April, more than 51 crore PANs had been linked with Aadhaar. However, now the penalty for linking PAN with Aadhaar has also been fixed at Rs 1000. PAN can be linked with Aadhaar by paying the penalty on the NSDL website.
These people got exemption from linking PAN-Aadhaar
According to the Central Board of Direct Taxes (CBDT), some people of the country have been exempted from linking PAN-Aadhaar. Such PAN users include residents of the states of Assam, Jammu and Kashmir and Meghalaya and members of other exempted categories. However, the exempted PAN users can voluntarily link PAN and Aadhaar.
Category List of PAN-Aadhaar Exempted Users
The requirement to link Aadhaar with PAN is not applicable to 4 categories of users, which include-
- Residents of the states of Assam, Jammu & Kashmir and Meghalaya.
- Non-Resident Indians (NRIs) as per Income Tax Act 1961.
- Any person who was of the age of 80 years or more at any time during the previous year.
- Persons who are not citizens of India.
- People who fall in any of the above categories are not required to link their PAN with their Aadhaar till the deadline.
