Business PAN card holders may be Rs 10,000 for not linking it to Aadhaar by March 31 deadline - Business News
pinky barot 169 1802 days ago Adouble whammy awaits individuals who fail to link their PAN cards with Aadhaar by the end of March 31, 2020, the final deadline set by the Income Tax Department. Not only will their PAN cards become inoperative but they could also face a fine up to Rs 10,000 for using an inoperative PAN card, the tax department has said in a fresh notification. It is worth mentioning that under Section 272B of the Income Tax Act, a person found using an invalid/inoperative PAN card may be fined Rs 10,000.
