💥📌 Attention PAN Holders: Important Update!
✅ Linking PAN with Aadhaar Required by December 2025
➡️ The CBDT has mandated a crucial requirement for all PAN holders.
🔹 Individuals who obtained their PAN using an Aadhaar enrolment ID must update their records.
🔹 This update guarantees compliance with regulatory standards.
➡️ Deadline: Ensure completion by December 31, 2025, to avoid penalties.
🔹 This initiative aims to streamline tax processes and enhance data accuracy.
🔹 Non-compliance may lead to significant repercussions concerning your tax filings.
🔴Consequences if you miss the deadline?
• PAN may become inoperative from January 1, 2026.
• Income Tax Returns (ITRs) filed with an inoperative PAN may be deemed invalid.
• Refunds linked to an inoperative PAN may not be processed.
• Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) may be deducted at higher rates.
• TDS/TCS credits may not appear in Form 26AS, affecting tax claims.
• Individuals may be unable to submit Form 15G/15H to avoid TDS deductions.
• Interest on tax refunds may not be granted if PAN is inoperative.
🌟 Stay informed and act promptly to secure your financial integrity!
Abhishek Raja "Ram"
@abhishekrajaram
MEC, STBA Delhi || Speaker and Author on GST. Life dedicated towards Tax and Economic Reforms & Simplification