Why was an email from CDSL received stating PAN Verification Reversed?
As of June 3rd, 2024, PAN and aadhaar linking is not mandatory (
NSE
,
BSE
). Clients can now trade and invest provided all other requisite conditions are met, including having a valid name, PAN, mobile number, email ID, complete address, income details, and KRA compliance.
As per the regulations (WEB), trading and investing will be disabled if the PAN is not linked with Aadhaar by 30th June 2023. CDSL will validate if the PAN from the Income Tax Database (ITD) is linked to Aadhaar and send an email if it is not.
It can take up to 30 working days for the PAN to be updated in IT records. To learn more, see How to link PAN with Aadhaar? Clients can ignore the email if the PAN is linked to their Aadhaar.
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