Myitronline News Myitronline News

Navigate the World of Finance and Money with Ease! Myitronlinenews.com is a One-Stop solution for all legal & Financial blogs & updates! Empowering You with Knowledge to Make Informed Decisions! Stay Ahead for the latest legal and financial with Myitronlinenews.com!

An exclusive national news network with a Delhi base is labeled Myitronlinenews. Its English-language channels target the legal and financial sectors. To make legal and financial services simple to understand for our readership & viewers is our objective.

Patparganj, Delhi (HQ)

305 3RD FLOOR PLOT NO 51, Hasanpur, I.P.Extension, 110092
Myitronline Global Services
# pan card

6 posts in `pan card` tag

Alert for PAN Card Holders: Income Tax Department May Impose Rs 10,000 Fine - Check Details

The permanent account number (PAN Card) is an important identity card for all financial transactions. While PAN is necessary for most tasks, carrying it around can be risky.

Income Tax Department Clarifies Inoperability of PAN Cards for Certain NRIs: Read the Details

Despite this, certain NRIs and OCIs, who were exempted from linking their PAN with Aadhaar, expressed concerns over their PANs becoming inoperative.

Clarification by IT Department: Actions for NRIs with Inoperative PAN Cards Explained

When foreign citizens and OCIs (Overseas Citizens of India) apply for PAN cards under resident status but fail to correct or update their status with the Jurisdictional Assessing Officer or haven't filed an Income Tax Return (ITR) in any of the previous three assessment years, their PAN cards become inoperative.

8 Financial Transactions You Can Still Do with an Inactive PAN Card: Exploring Possibilities

Having an inactive PAN can pose challenges for individuals when conducting certain transactions. However, there are specific transactions that can still be carried out with an inactive PAN, For more information, refer to the following article.

Link Pan Aadhaar june30 prevent Pan deactivation

Haven't linked your PAN (permanent account number) and Aadhaar yet? It's important to act quickly and complete the process before June 30. Failing to do so will render your 10-digit PAN inactive starting from July 1.

PAN Aadhar Linking Deadline Extended

The Income Tax Department giving the much-needed downtime to the Pan Card holders in India has extended the deadline to link PAN-Aadhaar till 30 June 2023. The deadline for linking PAN and Aadhaar has been extended to June 30, 2023, in order to provide taxpayers more time.