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In a circular issued on April 23, 2024 (CBDT Circular No. 6/2024), the Central Board of Direct Taxes (CBDT) outlined the regulations and potential consequences of not linking PAN with Aadhaar.
A 27-page chapter titled ‘Quality of Accounts and Financial Reporting Practices’ in the CAG’s report number 21 of 2023 shines a light on accounting shenanigans that will leave any private conglomerate and its auditors aghast at the sheer audacity of the sharp practices in central govt accounts
The inoperative PAN can, however, be made operational again in 30 days after informing the relevant authorities and paying a cost of Rs.1,000.
Pan-Aadhaar Link: It has been made mandatory to link PAN (Permanent Account Number) with Aadhaar in India. The last date for linking PAN with Aadhaar was | BLiTZ
Learn how to complete the PAN-Aadhaar linking process before the upcoming deadline of June 30, 2023. This step-by-step guide provides instructions on making the mandatory payment of Rs 1,000 and linking your PAN card with Aadhaar., Personal Finance News, Times Now