Despite the very fact that the deadline to have your PAN active without linking it to your Aadhaar has been extended to March 31, 2023, linking your PAN to your Aadhaar will cost you money from April 1, 2022. The Central Board of Direct Taxes (CBDT) made the announcement via a notification dated March 29, 2022, still as a announcement on March 30, 2022.
The deadline for linking a PAN to an Aadhaar number has been pushed up from March 31, 2022 to March 31, 2023.
You will be charged Rs.500 if you link your PAN to your Aadhaar on or before June 30, 2022. If the PAN-Aadhaar link is completed on or after 1st July, 2022, a charge of Rs.1000 would be required. The fees have now been dismantled into their individual components.
According to the tax website, “As per CBDT circular F.No. 370142/14/22-TPL dated on 30th March 2022, every one who has been allotted a PAN as on 1st July 2017 and is eligible to get Aadhaar number is required to link PAN with AADHAAR on or before 31st March, 2022. Taxpayers who did not do so are prone to pay a fee of Rs.500 till 30 June, 2022 and thereafter a fee of Rs.1000 is going to be applicable before submission of PAN-AADHAAR linkage request.
Step 1: Visit https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp Protean (NSDL) portal to proceed with submission of the Aadhaar-PAN linking request.
Step 2: Click on Proceed under CHALLAN NO./ITNS 280 for submission of Aadhaar-PAN linking request
Step 3: Select tax applicable
Step 4: Please ensure that the fee payment is completed under Minor head 500 (Fee) and Major head 0021 [Income Tax (Other than Companies)] in single challan.
Step 5: Select mode of Payment from Net banking or debit card
Step 6: Enter PAN, select Assessment year and enter the address
Step 7: Enter the Captcha code and click on Proceed tab
Once the payment is finished, taxpayers are recommended to raising a PAN-Aadhaar linkage request after 4-5 days as payments made at NSDL (now Protean) take some days to look on the e-Filing site.
Things to notice when submitting penalty
On the confirmation screen, your name is going to be presented as it appears within the income tax Department database.
Challan No./ITNS 280 with Major head code 0021 (Income Tax (Other than Companies)) and Minor head code 500 (Other Receipts) must be used to pay the price of Rs. 500 for late linking of PAN and Aadhaar as announced vide Notification No. On March 29, 2022, Notification No. 17/2022/F. No. 370142/14/2022-TPL was issued.
Under no circumstances can the fee paid u/s 234H for late PAN-AADHAAR linkage be refunded.