PAN-Aadhaar Link Not Mandatory For These People
It is mandatory to link your PAN with Aadhaar, which is a unique identification number issued by the UIDAI.
But there are some exemptions to this rule as notified by the government.
The current deadline to link PAN with Aadhaar is March 31, 2023.
If you don’t link your PAN with Aadhaar, your PAN will become invalid from April 01, 2023.
The ‘exempt category’ includes individuals residing in the States of Assam, Meghalaya and UT of Jammu and Kashmir.
Any non-resident as per the Income-tax Act, 1961 is also exempted.
PAN-Aadhaar link not mandatory for those of eighty years or more at any time during the previous year.
Those not citizens of India are also exempted.
If PAN becomes inoperative, you will not be able to furnish, intimate or quote your PAN and would be liable to all the consequences for such failure.
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