The State Bank of India (SBI) has alerted its customers by saying that linking of PAN and Aadhaar is mandatory and has also asked them to link it by September 30, 2021.

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"As per section 139AA of the Income Tax Act 1961, it is mandatory to link Aadhaar number with Permanent Account Number (PAN) by 30th September 2021," SBI said. 

 

See Zee Business Live TV Streaming Below:

www.incometax.gov.in and click on the Link Aadhaar title. 

Then fill up all the details required including PAN details, Aadhaar number, name as per Aadhaar, mobile number, etc. Then click on "Link Aadhaar". The two documents will then be linked.

One can also link PAN with Aadhaar via SMS. For this you will have to send an SMS to 567678 or 56161 from the registered mobile number in the following format:

UIDPAN<SPACE><12 Digit Aadhaar Number><SPACE><10 Digit PAN>

If a person fails to link PAN-Aadhaar by due date, then he/she shall be liable to pay a fee, maximum of Rs 1,000. This fee shall be in addition to the other consequences the person has to face if PAN becomes inoperative due to non-intimation of Aadhaar, as per the Income Tax Department.