The date for linking PEN and Aadhaar card has been extended to June 30, 2023. The deadline for linking was extended several times. Registered and unregistered users can link their Aadhaar and PEN on e-filing portal (www.incometax.gov.in) in pre-login and post-login mode.
The last date for linking PEN with Aadhaar was June 30, 2023. If the provider has not yet linked the PEN with Aadhaar then this should be done.
The deadline for linking was extended several times. Registered and unregistered users can link their Aadhaar and PEN on e-filing portal (www.incometax.gov.in) in pre-login and post-login mode.
How much will be charged for Aadhaar-PEN linking?
If the provider does not link Aadhaar-PEN within the stipulated time frame, then the provider will have to pay penalty.
A mandatory fee of Rs 1000 will have to be paid while submitting the Aadhaar-PEN linking application on the e-filing portal. It has to be paid in single currency.
How to link PAN-Aadhaar after paying penalty
How to pay PAN-Aadhaar Link Penalty as per Income Tax website-
Step 1: First of all login to the official portal of income tax department ttps://www.incometax.gov.in/iec/foportal/. On the given dashboard, click on the option to link PAN number with Aadhaar
Step 2: Register your PEN and Aadhaar number
Step 3: Click on Continue to pay through e-pay tax.
Step 4: Note your PEN, confirm the PEN and mobile number to receive the OTP.
Step 5: After entering the OTP, you will be redirected to the e-Pay Tax page.
Step 6: Click on Income Tax option
Step 7: Select Age as 2024-25 and Payment Type as Other Receipt (500) and click Continue
After payment of fees you can link your Aadhaar number with PEN on e-filing portal.
Question: What will be the consequence if I have not linked Aadhaar with PEN by June 30?
If your Aadhaar card is not linked with the PEN by June 30, your PEN will be deactivated. If the PAN number becomes inactive, you will be unable to perform income tax related and other financial functions.
Giving PAN card wherever it is required can be a hassle.