Quick Link

PAN Card Form Penalty

What Happens If You Do Not Link Aadhaar And PAN?

In case you forget to link your PAN Card with your Adhaar then you might get penalized. Here is a list of penalties that will be imposed in case you do not link your PAN Card with your Adhaar:

  • A penalty for not linking pan with Aadhar is that your PAN Card becomes useless. This means you won't be able to use your PAN Card information anymore.
  • If you are unable to file your income tax returns then you will have to face higher tax deductions. Not only that you might also incur a penalty for not providing your PAN Card details.
  • If your PAN Card is linked with your Adhaar then you can also use your Adhaar card instead of your PAN Card. However, the same won't be possible if you have not linked your PAN Card with your Adhaar.
  • If you do not link your PAN Card with your Adhaar within the due date then you will also have to pay a fine of Rs. 1000 when requesting for linking your PAN Card with your Adhaar. Additionally, a fine of Rs. 10,000 may also be incurred for failing to file your income tax returns.

What is the Penalty for multiple PAN cards?

In case an individual has a duplicate PAN Card, then the penalty will be a fine of Rs 10,000 under Section 272B of the Income Tax Act.

S No Forms Description Download PAN Card PDF Form
1 49A
  • Used to apply for new PAN
  • Correct information previously submitted
Download PAN Card form 49A
2 49AA
  • For individuals/ companies not incorporated in india
Download PAN Card form 49AA

Refer a Friend*

Refer a friend & get a Chance to
Win Exciting Muthoot Group Merchandise

refer now

*T&C apply

Ask an Expert

NORTH, EAST & WEST INDIA TOLL-FREE NO.:
1800 313 1212

SOUTH INDIA CALL CENTRE NO.:
99469 01212

VISIT OUR WEBSITE:
https://www.muthootsecurities.com/
apply-pan-card/

BRANCH TIMINGS:
Mon-Sat, 9:30 AM to 6 PM

Refer a Friend*

Refer a friend & get a Chance to
Win Exciting Muthoot Group Merchandise

refer now

Ask an Expert

NORTH, EAST & WEST INDIA TOLL-FREE NO.:
1800 313 1212

SOUTH INDIA CALL CENTRE NO.:
99469 01212

VISIT OUR WEBSITE:
www.muthootsecurities.com/Apply-Pan-Card/

BRANCH TIMINGS:
Mon-Sat, 9:30 AM to 6 PM

WHAT OUR CUSTOMERS HAVE TO SAY

Blog

Life Transforming Stories

  • Alok Saha from Kolkata

    Meet Alok Saha from Kolkata expands his Clothing Business

  • Sakina Bano Delhi

    Sakina Bano from Delhi establishes her salon business

Blog

View all

Case Study

  • Meet Alok Saha from Kolkata expands his Clothing Business

  • Sakina Bano from Delhi establishes her salon business

Services We Provide

Subscribe to our newsletter

help us serve you better

Close Icon