The Government of India has made it mandatory to link Aadhaar with PAN to prevent tax evasion and streamline financial transactions. The deadline to link Aadhaar with PAN is March 31, 2023. After this date, PAN will become inoperative, and taxpayers will not be able to initiate any financial transactions. To avoid inconvenience, taxpayers must link their Aadhaar with their PAN as soon as possible.
The process of linking Aadhaar with PAN is straightforward and can be done online. Individuals can visit the Income Tax e-Filing portal at incometaxindiaefiling.gov.in and click on the ‘Link Aadhaar’ option. After entering their PAN, Aadhaar number, and name as per Aadhaar, they need to verify the details and submit them. Upon successful linking, a confirmation message will be displayed on the screen, and an OTP will be sent to their registered mobile number.
It is essential to note that some individuals are exempted from linking Aadhaar with PAN. Citizens who are above 80 years of age and non-residents as per the Income-tax Act and people who are not citizens of India but living in the country are exempted from the Aadhaar-PAN linking.
Taxpayers who fail to link their Aadhaar with PAN within the deadline will have to pay a fine of Rs 1,000. The Securities and Exchange Board of India (SEBI) has also issued a notification stating that individuals will not be able to initiate any transactions in financial markets like NSE and BSE if their Aadhaar is not linked with PAN within the deadline.
To link Aadhaar with PAN, taxpayers must pay the applicable fee through the e-Pay Tax functionality available on the e-filing Portal or the NSDL (now Protean) portal under Major head (0021) and Minor head (500) for AY 2023-24. The process involves entering PAN, confirming PAN and mobile number to get an OTP, and filling in the amount as Rs. 1,000 under “Others” field in tax break-up and proceeding to make the payment.
After submitting the Aadhaar linking request on the e-filing portal, the IT Department will verify the details provided by you, and upon successful verification, your Aadhaar will be linked with PAN. If there is any discrepancy in the details provided by you, the linking request may be rejected, and you may have to reapply.
It is important to note that you must ensure that the name on your Aadhaar matches the name on your PAN card. In case of any mismatch, you will have to get the details corrected before linking your Aadhaar with PAN. You can get your name updated on your Aadhaar card by visiting the UIDAI website or by visiting the Aadhaar Enrollment/Update Centre.
In case you do not have access to the internet or are not comfortable linking your Aadhaar with PAN online, you can also link them offline. To do so, you will have to download and fill in the Annexure-I form available on the Income Tax Department’s website, attach a self-attested copy of your PAN card and Aadhaar card, and submit it to the nearest NSDL or UTIITSL office. Once the documents are verified, your Aadhaar will be linked with PAN.
linking Aadhaar with PAN is a mandatory requirement for all taxpayers in India. Failing to link Aadhaar with PAN by the deadline can result in inoperative PAN and penalties. Therefore, it is important to ensure that your Aadhaar is linked with PAN before the March 31, 2023 deadline. With the help of the above-mentioned steps, you can easily link your Aadhaar with PAN online or offline, and ensure compliance with tax laws.
How to Check Whether Your PAN Card is Linked to Your Aadhaar Card or Not?
here is a step-by-step guide on how to check if your PAN and Aadhaar are linked:
- Step 1: Visit the Income Tax e-filing website at https://www.incometaxindiaefiling.gov.in/.
- Step 2: Click on the “Link Aadhaar” option under the “Quick Links” section on the left-hand side of the page.
- Step 3: On the next page, enter your PAN number, Aadhaar number, and name as per Aadhaar in the relevant fields.
- Step 4: Enter the captcha code as shown on the screen and click on the “View Link Aadhaar Status” button.
- Step 5: If your PAN and Aadhaar are linked, a message will be displayed on the screen indicating that “Your PAN is linked to Aadhaar Number XXXX XXXX XXXX.”
If your PAN and Aadhaar are not linked, you will be prompted to link them using the same page.
Note: If you are unable to link your PAN and Aadhaar online, you can also link them by sending an SMS to 567678 or 56161 in the format “UIDPAN (12-digit Aadhaar) (10-digit PAN)”. You can also link them by visiting a nearby Aadhaar enrollment center or PAN service center.
How to Link Aadhaar Card with Pan Card Online Step-by-Step Process 2023?
Linking your PAN (Permanent Account Number) and Aadhaar is a simple process that can be done online in a few easy steps. Here’s how you can do it:
- Visit the Income Tax e-filing website at www.incometaxindiaefiling.gov.in.
- Under the ‘Quick Links’ section on the left-hand side, click on ‘Link Aadhaar.’
- On the next page, enter your PAN, Aadhaar number, and name as mentioned on the Aadhaar card.
- If only the year of birth is mentioned on your Aadhaar card and not the date of birth, tick the box next to ‘I have only the year of birth in Aadhaar card.’
- Enter the captcha code, which is a combination of numbers and letters displayed on the screen.
- Click on ‘Link Aadhaar’ to complete the process.
- After submitting the request, a message will appear on the screen confirming that your request has been received, and you will also receive an OTP (One Time Password) on your registered mobile number and email address.
- Enter the OTP received on your mobile number and email address to complete the verification process.
Once you have completed the above steps, your PAN will be linked with your Aadhaar. You can also check the status of your Aadhaar-PAN linking by visiting the Income Tax e-filing website and clicking on ‘Link Aadhaar’ under the ‘Quick Links’ section.
In conclusion, linking Aadhaar with PAN is mandatory for all Indian citizens, and failure to do so will result in an inoperative PAN. Taxpayers must link their Aadhaar with PAN before the deadline to avoid any inconvenience. The government has provided a simple method to link Aadhaar with PAN, and taxpayers can do so by following the step-by-step guide mentioned above.