PAN-Aadhaar linking deadline: Will your PAN turn inoperative after December 31?
Income Tax rules make Aadhaar-PAN linking mandatory; non-compliance can disrupt tax filing, banking, and investments. New Delhi:As the PAN-Aadhaar linking deadline approaches, taxpayers who have not completed the mandatory process may face serious financial and compliance challenges. The Income Tax Department has reiterated that PAN cards not linked with Aadhaar by December 31 will become inoperative, affecting tax filings, banking transactions, and investment activities.