Important: Link your PAN with your Aadhaar before 30th June 2021
It is mandatory to have your PAN linked to your Aadhaar before 30th June 2021, as per Section 139 AA of the Income Tax Act 1961.
Doing this also ensures the smooth functioning of your account.
What happens if you don’t link these two documents?
In case you fail to link your PAN to your Aadhaar card before 30th June 2021, your Upstox account will be marked as inactive. You can also read the full Exchange circular here: https://bit.ly/3c80hwE
Additionally, while you can file your taxes without linking these two documents, the Income Tax Department does not process returns unless your Aadhaar and PAN are linked.
Ensure your account doesn't turn inactive and avoid other financial inconveniences by linking your PAN to your Aadhaar card today.
To link your PAN to your Aadhaar card, visit www.incometax.gov.in
Here’s are the steps you can follow- https://www.incometax.gov.in/iec/foportal/help/how-to-link-aadhaar
OR
You can send an SMS to 567678 or 56161 in this format:
UIDPAN<space><12 digit Aadhaar><space><10 digit PAN>
Stay tuned for more important updates from Upstox!