Pan-Aadhar Link Update: 10 Problems you face if you don't link you Pan and Aadhar Card

Right now, everyone has to do the process of linking the PAN card number with the Aadhar card through fine. Now this work is being done without a fine of 1000 rupees. But after March 31, this fine may increase to about 5 thousand to 10 thousand Rupees. To avoid paying this huge fine, everyone rushed to link PAN-Aadhaar overnight. But there are still many peoples who do not want to give special importance to the matter. Everyone says, what will happen will be seen later, they are waiting maybe this work can be started for free.

Those who have not linked their Aadhaar number with their PAN card without giving importance to it will be in danger after March 31. As per the Central Board of Direct Taxes (CBDT) guidelines, if you do not link your Aadhaar card and PAN card, we have mentioned below 10 types of difficulties you will face-

1) If your Aadhaar number is not linked with your PAN card by 31 March 2023, your PAN card will be completely canceled first. It will be considered invalid till you link your Aadhaar with this PAN card with a penalty.

2) All your bank accounts will be temporarily closed, no transactions will be allowed there. If your Aadhaar number is not linked with your PAN card by 31 March 2023, your bank account will be closed and you will not be able to use your bank account in any way. Your PAN will be canceled if not linked, and your bank account may also be suspended due to a canceled PAN card after which you may face a lot of difficulties to activate your bank account.

3) If you do not link your PAN card with your Aadhar number and it becomes inactive, you cannot open a new bank account by showing that PAN card as per Section 114AAA of the Income Tax Act.

4) Now online money transfer through mobile has become a part of your daily life, but if you don't link your PAN and Aadhar within the time given by the income tax department, then your PAN card will be closed along with the UPI transfer you are making online. It will be completely closed.

5) Cannot file ITR or Income Tax Return or GST. Because income tax return or GST file is not possible with a canceled PAN number.

6) Cancellation of your PAN means no refund of return pending with the Income Tax Department.

7) No refund including TDS will be received from Income Tax Department.

8) In case of a defective return the pending processing will never be completed.

9) Due blok of the PAN card, income tax will be paid more than the prescribed amount.

10) If your Aadhaar is not linked with your PAN, your PAN card will be deactivated first. And for that will face huge financial losses. If you work, the salary of the office will not enter your bank account and you will also be deprived of the other benefits that are available in government jobs. If you do business, you will not receive the money sent by your customers and you will not be able to pay the laborers who work for you.

You have only a few days left to escape from all these great dangers. If not linked, link your Aadhaar with a PAN card in any way, even if you pay a fine of 1000 Rupees. Otherwise, after 31st March you have to link your PAN card with your Aadhar card by paying much finer and facing a lot of problems.