https://www.taxtmi.com/acts?id=38591 Permanent Account Number becomes inoperative where an assessee allotted PAN on or before 1 July 2017, and required to intimate Aadhaar under section 139AA(2), fails to do so within the prescribed time and after payment of the prescribed fee. If Aadhaar is intimated later, the PAN becomes operative again within thirty days from the date of intimation, subject to the fee requirement. During inoperativeness, refund of tax is withheld, interest on refund is not payable, and higher deduction or collection rates apply. en-us Fri, 14 Feb 2020 17:19:49 +0530 Thu, 21 May 2026 12:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38591 Permanent Account Number becomes inoperative where an assessee allotted PAN on or before 1 July 2017, and required to intimate Aadhaar under section 139AA(2), fails to do so within the prescribed time and after payment of the prescribed fee. If Aadhaar is intimated later, the PAN becomes operative again within thirty days from the date of intimation, subject to the fee requirement. During inoperativeness, refund of tax is withheld, interest on refund is not payable, and higher deduction or collection rates apply. Act-Rules Income Tax Fri, 14 Feb 2020 17:19:49 +0530 https://www.taxtmi.com/acts?id=38591