6 MinsMay 23, 2023
The government has made it mandatory for all citizens to link their PAN with their Aadhaar number. The deadline for this is 30 June 2023. Failing to link your PAN and Aadhaar by this date could lead to your PAN becoming inoperative. So, if you
haven't yet linked your PAN and Aadhaar, it's essential to do so before the deadline.
Importance of linking PAN with Aadhaar
Linking PAN with Aadhaar has become mandatory for Indian citizens, and failure to do so can result in your PAN becoming inoperative. The importance of linking your PAN with your Aadhaar can be summarised as follows:
- Mandatory requirement: Linking PAN with Aadhaar is mandatory as per Section 139AA of the Income Tax Act. Failure to do so could result in a penalty or even deactivation of your PAN.
- Preventing tax evasion: Linking PAN with Aadhaar helps prevent tax evasion by ensuring each PAN is linked to a unique Aadhaar number. This eliminates the creation of multiple PANs by individuals, which is illegal.
- e-Filing of income tax returns: Linking PAN with Aadhaar is mandatory for the e-filing of income tax returns. Without this, you may be unable to file your returns online.
- Availing government subsidies: Linking PAN with Aadhaar is necessary for availing various government subsidies, such as LPG subsidy, under the Direct Benefit Transfer (DBT) scheme.
- Simplifies KYC process: Linking PAN with Aadhaar simplifies the Know Your Customer (KYC) process for various financial services like opening a bank account, applying for a loan, etc.
Also Read: [Mandatory linking of PAN and Aadhaar by 30th June, 2023]
Linking Aadhaar with PAN online
Step 1: Visit the income tax e-filing portal.
Step 2: Click the "Link Aadhaar" option under the Quick Links section.
Step 3: Enter your PAN, Aadhaar number, name as per Aadhaar, the captcha code and the OTP received.
Step 4: Tick the box confirming that you have only the birth year mentioned in your Aadhaar card.
Step 5: Submit your request on the "Link Aadhaar" button.
Step 6: A pop-up message will appear, confirming the successful linking of your PAN with your Aadhaar.
Individuals falling under the following categories are exempted from linking their Aadhaar with their PAN card:
- Non-Resident Indians (NRIs)
- Individuals who are not citizens of India
- Individuals who are 80 years old or above as of the current date
- Individuals whose state of residence is Assam, Meghalaya or Jammu & Kashmir
Checking the status of Aadhaar linking with PAN
Step 1: Visit the income tax e-filing portal .
Step 2: Click the "Link Aadhaar" option under the Quick Links section.
Step 3: Click on the "Status" button.
Step 4: Enter your PAN and Aadhaar number.
Step 5: Click on the "View Link Aadhaar Status" button.
Step 6: The status of your Aadhaar linking with PAN will be displayed on the screen.
You can use this direct link to check the status of your Aadhaar-PAN card linkage. Enter your PAN and Aadhaar numbers
and click on 'View Link Aadhaar Status'. The system will display the status of the linkage between your Aadhaar and PAN card on your screen.
Steps to take in case your online linking fails
Step 1: Verify that the details entered are accurate and match the information on your PAN and Aadhaar cards.
Step 2: Make sure that the name, date of birth and gender on your Aadhaar card match the information on your PAN card.
Step 3: If the details entered are correct and the linking fails, you can try linking again after a few hours or days.
Step 4: If the issue persists, contact the Income Tax Department for further assistance.
Fees for PAN-Aadhaar linking
There is a fee of Rs 1000 for linking your PAN-Aadhaar that has to be paid through the e-filing portal. It should be paid in a single challan before filling the application for the PAN-Aadhaar linkage.
Conclusion
It is mandatory to link your PAN card with your Aadhaar before the extended deadline of 30th June 2023 to ensure that your PAN remains operative. You can easily link your Aadhaar with your PAN through the income tax e-filing portal.
Ensure that the entered details are accurate and match the information on your PAN and Aadhaar cards. If you face any issues or errors while linking, there is a correction facility, and you can also contact the Income Tax Department for assistance.
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision
