Income tax update, you must be aware of this otherwise there will be a big problem

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Tax return filing is now being done. By going to the Income Tax Department’s website, individuals can file their income tax returns. PAN cards are also necessary for filing income tax returns. Only PAN cards can be used to file ITRs for individuals. However, there is a crucial point to which people must pay attention; failing to do so could result in ITR filing issues.Income tax

Financial statement

Actually, the Income Tax Department has advised them numerous times to link their PAN card to their Aadhaar card. The PAN card and Aadhaar card must be linked. By 30 June 2023, people must link their PAN cards with their Aadhaar cards, making that the deadline for this requirement.Income tax

Card PAN

By 30 June 2023, a person’s PAN card will expire if he or she has not linked it to an Aadhaar card. The individual can experience problems carrying out his financial transactions in such a circumstance. Along with this, individuals may experience significant difficulties while completing tax returns as a result of the PAN card becoming inactive.Income tax

The deadline to file an income tax return

for the financial year, 2022–2023 connected to an Aadhaar card is July 31, 2023. On the other hand, persons who haven’t connected their PAN card to their Aadhaar card may run into issues while completing their income tax returns. To avoid any difficulties in this circumstance, link your PAN card to your Aadhaar card.

Read more: Good news for pensioners, from this month employees pension will increase!

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