ITR filing: Not linking PAN with Aadhaar can cost you Rs 6,000 If you didn't link your PAN with Aadhaar by June 30, 2023, then from July 1, 2023, your PAN will be tagged as in-operative.

One of the consequences of PAN becoming inoperative is that you may not be able to file your income tax return (ITR) before July 31, 2023.

This is because the ITR deadline is less than one month away and it takes a maximum of 30 days for a PAN to become active again if it is inoperative presently once the penalty is paid.

Hence, if you pay a penalty now and wait for PAN to become operative again, then there is a chance of missing the deadline to file ITR.

Hence, if the ITR is filed after the expiry of the deadline i.e. July 31, 2023, then it will be filed as a belated ITR. Do keep in mind that there is a late filing fee for filing a belated ITR. The penalty for filing a belated ITR is Rs 5,000 (if total income exceeds Rs 5 lakh).