Ansh Tax Insights

⚠️ ITR ALERT – Section 80G

Income Tax Dept is issuing messages where 80G donation deduction is disallowed due to invalid / mismatched PAN of the trust.

✔️ If PAN is wrong → correct it
❌ If trust is not eligible → remove deduction

Correction must be done through Updated Return (ITR-U u/s 139(8A)).

👉 Please review your ITR immediately to avoid tax, interest & penalties.

🧵 PAN–Aadhaar Deadline Alert 🚨 | Missing this can freeze your finances

1️⃣ Big Update: -
Your PAN will become INOPERATIVE from 1 Jan 2026 if not linked with Aadhaar by 31 Dec 2025.

No linking = No smooth financial life.

2️⃣ Why is Govt doing this?: -
✔️ Improve tax compliance
✔️ Remove duplicate PANs
✔️ Curb misuse of identity

3️⃣ Who MUST link PAN with Aadhaar?: -
🔹 Anyone whose PAN was allotted using Aadhaar Enrolment ID before 1 Oct 2024
🔹 Even if Aadhaar number came later — linking is mandatory

4️⃣ Miss the deadline? Here’s what happens 😨: -
❌ ITR cannot be filed or verified
❌ Income tax refunds will stop
❌ TDS/TCS may not reflect in Form 26AS
❌ Higher TDS rate applicable
❌ New bank accounts & investments may be blocked

5️⃣ What about existing bank accounts?: -
✔️ Existing accounts will continue
🚫 But new financial transactions needing PAN-KYC may be restricted

6️⃣ PAN becomes inoperative = Financial choke: -
From mutual funds to stock trading, from loans to investments — everything slows down.

7️⃣ How to link PAN with Aadhaar? (100% Online): -
🔹 Visit Income Tax e-filing portal
🔹 Enter PAN + Aadhaar number
🔹 OTP on Aadhaar-linked mobile
🔹 Done ✅

8️⃣ Late linking penalty ⚠️: -
If PAN already inactive 👉 ₹1,000 penalty before linking

9️⃣ Important checklist before linking: -
✔️ Name matches in PAN & Aadhaar
✔️ DOB & gender are identical
✔️ Aadhaar-linked mobile active

🔟 Pro Tip 💡: -
Don’t wait till Dec 2025.
Servers crash, OTP fails — penalties don’t wait.

👉 Link today. Save money. Stay compliant.