On account of the 2024 Loksabha Elections (General Election), the State Government is expected to declare a Public Holiday on the appended location-wise dates. Accordingly, all Canara Robeco branches will be closed. To know location-wise dates please click here.
 



Pan AADHAAR LINKING




As per the section 139AA of the Income Tax Act 1961, it is mandatory to link your Aadhaar with PAN on or before June 30, 2023. Please be informed in case your Aadhaar is not linked with PAN, the PAN will become inoperative from July 1, 2023, and the folios linked with such PAN will be blocked and you will not be able to do any transactions in those folios.


  • To link your Aadhaar with PAN, please   Click here to visit the Income Tax e-filing portal and link your Aadhaar with PAN immediately. (Please keep your mobile phone handy to receive and submit the OTP (One Time Password) during the process)

  • To check the status of linking of your Aadhaar with PAN please, Click here

  • To update us on the linking status, please Click here



We request you to please link your Aadhaar with your PAN on priority, failing which will


  • Attract higher TDS deduction on the payouts wherever applicable / as per Income Tax

  • Further Transactions will be restricted as per Income Tax Act

  • And Levy of Penalty of Rs. 1000/- as per section 234H of Finance Act 2021



Note to NRI Investors: Further, the above provisions shall not apply to a non-resident as defined in the Indian Tax Law (please note that the declaration of tax status made to Mutual Funds is not interlinked with tax status as per income tax). As per the status appearing in the database of the Indian revenue authorities (IRA), your tax status is appearing as “resident” and accordingly, where the PAN and Aadhaar is not linked on or before 30 June 2023, the PAN shall become inoperative, and the above stated consequences shall apply. We request you to refer to the income tax regulations in this regard/ reach out to your tax consultant to have your PAN linked with your Aadhaar on or before 30 June 2023 or have the tax status updated as “non-resident” (where applicable) with the IRA to ensure smooth processing of taxation formalities.


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