Section 234H fee for not linking PAN with aadhar

Section 234H fee for not linking PAN with aadhar

SHARE:

PAN is required to link with Aadhaar on the IT Portal on or before 31.03.2022, after that fee of Rs 500 till 3 month after that Fee of Rs 1000.

Amendment to the provisions of Income-tax Rules, 1962 for prescribing fees under section 234H of the Income-tax Act, 1961

Under the provisions of the Income-tax Act, 1961 (“the Act”), every person who has been allotted a PAN as of 1st July 2017 and is eligible to obtain an Aadhaar Number, is required to intimate his Aadhaar to the prescribed authority on or before 31st March 2022. On failure to do so, his PAN shall become inoperative and all procedures in which PAN is required shall be halted. The PAN can be made operative again upon intimation of Aadhaar to the prescribed authority after payment of a prescribed fee.

In order to mitigate the inconvenience to the taxpayers, as per Notification No.17/2022 dated 29th March 2022, a window of opportunity has been provided to the taxpayers up to 31st of March, 2023 to intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions. As a result, taxpayers will be required to pay a fee of Rs. 500 up to three months from 1st April 2022 and a fee of Rs.1000 after that, while intimating their Aadhaar.

However, till 31st March 2023, the PAN of the assessees who have not intimated their Aadhaar will continue to be functional for the procedures under the Act, like furnishing of return of income, processing of refunds etc. A detailed Circular No.7/2022 dated 30.03.2022 has also been issued in this regard.

After 31st March 2023, the PAN of taxpayers who fail to intimate their Aadhaar, as required, shall become inoperative and all the consequences under the Act for not furnishing, intimating or quoting the PAN shall apply to such taxpayers.

COMMENTS

Subscribe our Youtube Channel
Name

269su,1,80-c,3,80CCD,2,aadhaar,5,accounts,10,advance-ruling,4,appeal,2,audit,8,bank-audit,1,banks,3,bonds,1,budget,23,budget-2019,3,budget-2020,2,budget-2021,15,budget-2022,4,calculator,1,capital-gains,1,cash,1,cbdt,2,chartered-accountants,2,co-operative-housing-society,1,company-audit,1,cop,1,covid-19,4,deduction,6,depreciation,1,dgft,1,donation,1,download,26,e-way-bill,1,earning-tips,6,ebook,1,epf,1,equilisation-levy,1,excel,11,excel-2-tally,3,exempt-income,1,gst,39,gst-audit,1,gst-council,13,gstp,2,icai,3,income-tax,70,income-tax-news,26,info,13,investments,2,itc,2,itr-filing,3,letter,1,list,3,mca,1,mf,2,mp,3,ngo,7,notification,4,NPS,1,pan,5,roc,1,script,2,sft,1,share-market,1,society,6,stock-market,1,tally,16,tax-audit,2,tcs,6,tdl,2,tds,17,tds-rate-chart,1,tips,15,trust,2,utility,7,
ltr
item
Saral Tax India | सरल टैक्स इंडिया: Section 234H fee for not linking PAN with aadhar
Section 234H fee for not linking PAN with aadhar
PAN is required to link with Aadhaar on the IT Portal on or before 31.03.2022, after that fee of Rs 500 till 3 month after that Fee of Rs 1000.
Saral Tax India | सरल टैक्स इंडिया
https://www.saraltaxindia.com/2022/03/section-234h-fee-for-not-linking-pan.html
https://www.saraltaxindia.com/
https://www.saraltaxindia.com/
https://www.saraltaxindia.com/2022/03/section-234h-fee-for-not-linking-pan.html
true
2873352319085116735
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content