PAN Card Status: There is an important news for PAN card holders. PAN card is an essential document for everyone in today’s time because without PAN card you cannot do financial transactions.
PAN card is required for all financial activities. Whether you want to do your bank work or office work, you need a PAN card.
That’s why you need to use PAN card properly, otherwise you can be fined heavily.
Link your PAN card by 31st March
Let us tell you that in today’s time it has become necessary to link PAN card with Aadhaar. Earlier the last date to link it was September 30, 2021, which has been extended to March 31, 2022, so you should link your PAN with Aadhaar.
you may have to pay a fine
Apart from this, if you make any mistake related to PAN card, then you may have to pay a fine of Rs 10,000. If you are entering the PAN number somewhere, then you should fill this number carefully as you may have to pay a fine if there is a spelling mistake.
You may have to pay a fine if you have 2 PAN cards
Apart from this, even if you have 2 PAN cards, you may have to pay a fine of Rs 10,000. Along with this, your bank account may also get frozen. If you have 2 PAN cards, it is advisable to surrender one PAN card immediately. There is a provision for this in section 272B of the Income Tax Department Act 1961.
Let us tell you how you are Shen surrender pan card
- For this you have to first go to the official website https://www.pan.utiitsl.com/.
- Here, click on ‘Request for New PAN Card/ and Change or Correction in PAN Data’.
- Now you have to download the form.
- After this the form has to be filled and submitted to the NSDL office.
- While surrendering the PAN card, you need to carry both the PAN card and the form.
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