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PAN-Aadhaar Linking

PAN-Aadhaar linking has been mandatory since 1 Jul 2023. Unlinked PAN is INOPERATIVE — TDS at higher rate, ITR rejection, frozen DEMAT activities. Late fee ₹1,000.

Linked

PAN remains active.

FAQ

When was PAN-Aadhaar linking made mandatory?

Since 1 Jul 2017 (section 139AA). Penalty for non-linkage from 1 Jul 2023: PAN becomes inoperative. ₹1,000 late fee payable.

I had OCI / NRI — am I exempt?

Specified persons (NRIs without Indian Aadhaar, OCIs, residents of specified states like Assam etc.) are exempt. Check section 139AA(3) for full list.

Inoperative PAN consequences?

TDS at higher rate (20%+ as if no PAN). Cannot file ITR. DEMAT activities frozen. Refunds blocked. Bank transactions above ₹50k may be flagged.