Tag Archives: PAN inoperative

Let me begin with the basics. All resident individual taxpayers must link their PAN with Aadhaar. If this is not done, the PAN becomes “inoperative” although technically still active; it results in serious consequences. One such consequence is that TDS must be deducted at 20% instead of the applicable lower …

The issue of linking Aadhar to PAN is still a matter of concern, particularly among NRI/OCIs. Some of you have approached me, stating that you are facing challenges in receiving tax refunds due to the non-linking of Aadhar. This brief note aims to give the background of this issue and …