The Indian government has made it mandatory to link your PAN (Permanent Account Number) with your Aadhaar card. This applies to individuals, companies, and Hindu Undivided Families (HUFs). However, there is no facility to link the Aadhar number of the Karta (head of the family) with the HUF's PAN number. While Aadhar cards are issued to individuals, HUFs do not require a separate Aadhar card. Nevertheless, the Karta's Aadhar number can be attached to the HUF account for KYC (Know Your Customer) purposes.
What You'll Learn
- The government has made it mandatory to link PAN and Aadhaar
- You can link your Aadhaar to your PAN card by logging into the e-filing portal of the income tax department
- You can also link the two by sending an SMS to PAN service providers
- The Central Board of Direct Taxes (CBDT) provides a manual method to link PAN and Aadhaar
- Linking PAN and Aadhaar is important to prevent tax evasion and avoid the occurrence of multiple PAN cards
The government has made it mandatory to link PAN and Aadhaar
The Indian government has made it mandatory for individuals to link their Permanent Account Number (PAN) with their Aadhaar number. This means that if you have been assigned a PAN as of July 1, 2017, and are eligible for an Aadhaar number, you must provide your Aadhaar number.
PAN is a unique 10-character alphanumeric identifier issued by the Income Tax Department to individuals, companies, Hindu Undivided Families (HUFs), or any other entity for tax purposes. Aadhaar, on the other hand, is a 12-digit unique identification number issued to all Indian residents.
Linking these two identification numbers is crucial for several reasons. Firstly, it helps the government prevent tax evasion by making it easier to track taxable transactions. Secondly, it helps avoid the occurrence of multiple PAN cards, as each individual or entity should only have one. Applying for multiple PAN cards can be a tactic to avoid paying taxes.
The process of linking PAN and Aadhaar is straightforward. You can do it by logging into the income tax e-Filing portal with your login ID, password, and date of birth. After logging in, a pop-up window will prompt you to link your PAN and Aadhaar by entering your Aadhaar number and clicking the "Link Now" button. Alternatively, you can send an SMS to PAN service providers or fill out a form at a service centre.
It is important to note that there are exemptions to the mandatory linking of PAN and Aadhaar. Individuals residing in the states of Jammu and Kashmir, Assam, and Meghalaya, non-resident taxpayers, those over 80 years of age, and non-citizens of India are not required to link their PAN and Aadhaar.
If you do not link your PAN and Aadhaar by the specified deadline, your PAN will become inoperative. This will result in consequences such as the inability to file income tax returns, claim tax refunds, or access certain financial services like opening a bank account or obtaining a credit or debit card. However, you can still link your PAN and Aadhaar after the deadline by paying a penalty fee.
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You can link your Aadhaar to your PAN card by logging into the e-filing portal of the income tax department
The Indian government has made it mandatory to link your PAN (Permanent Account Number) with your Aadhaar. If you do not link your PAN with your Aadhaar by 31 May 2024, your PAN will become inoperative and you will face consequences such as tax deductions at a higher rate.
Step 1: Register yourself on the income tax e-Filing portal
If you don't already have an account, you will need to register yourself on the income tax e-Filing portal. You can do this by visiting the website and providing the required information. Once you have registered, you can log in to the portal.
Step 2: Log in to the e-Filing portal
To log in, you will need your login ID, password, and date of birth. After logging in, you will see a pop-up window prompting you to link your PAN card with your Aadhaar card.
Step 3: Verify your details
You will see the details that you submitted during registration. You need to verify that these details are correct. If there are any discrepancies, you will need to correct them before proceeding.
Step 4: Enter your Aadhaar number
If the details are correct, enter your 12-digit Aadhaar number and click on the "Link Now" button.
Step 5: Check the status of the linking
After following the above steps, you can check if the linking was successful by visiting the e-Filing portal homepage, clicking on "Link Aadhaar Status" under the Quick Links section, and entering your PAN and Aadhaar numbers. If the linking was successful, you will see a message confirming this.
Please note that if you have a mismatch in your name, phone number, or date of birth between your Aadhaar and PAN, you will need to correct this before proceeding with the linking. You can update your name in the PAN database by contacting Protean or UTIITSL. To update your name in your Aadhaar card, you can contact UIDAI or send an email to the UIDAI Helpdesk.
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You can also link the two by sending an SMS to PAN service providers
The Indian government has made it mandatory to link your Permanent Account Number (PAN) with your Aadhaar. This is to prevent tax evasion and to avoid the occurrence of multiple PAN cards.
If you are facing difficulties linking your PAN and Aadhaar through the e-filing website of the income tax department, you can do so by sending an SMS to PAN service providers. You can send the message in the following format to 567678 or 56161: UIDPAN, followed by a space, then your 12-digit Aadhaar number, another space, and finally your 10-digit PAN.
For example, if your Aadhaar number is 1234-5678-9012 and your PAN is ABCD12345, the message would look like this: UIDPAN 123456789012 ABCD12345.
Once you have sent the SMS, you will receive a confirmation message that your Aadhaar has been successfully linked to your PAN card.
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The Central Board of Direct Taxes (CBDT) provides a manual method to link PAN and Aadhaar
The Indian government has made it mandatory to link your PAN (Permanent Account Number) with your Aadhaar number. This law was introduced in the Union Budget of 2017. The last date to link the two without incurring a fee was March 31, 2022. If you link your PAN with Aadhaar on or after April 1, 2022, you will be charged a fee.
If you are already a registered user at the income tax e-filing website, your PAN is likely already linked to Aadhaar if you have mentioned it previously while filing an income tax return. You can check the status of your linking by visiting the income tax e-filing website.
For non-registered users, there are other ways to link your PAN and Aadhaar. One way is to click on the 'Link Aadhaar' option on the e-filing website, where you will be required to enter your PAN, Aadhaar number, name as per Aadhaar, and mobile number. If your Aadhaar card only includes your birth year, you must also tick the relevant option.
Another method is to send an SMS to one of the PAN service providers, either NSDL e-Governance Infrastructure Limited or UTI Infrastructure Technology and Services Limited (UTIITL). You can send an SMS to either 567678 or 56161 in the following format: UIDPAN <10 digit PAN>.
The Central Board of Direct Taxes (CBDT) also provides a manual method to link PAN and Aadhaar. You will need to visit a service centre of a PAN service provider (NSDL or UTIITSL) and ask for the 'Annexure-I' form. Fill out the form carefully and submit it along with your PAN card and Aadhaar card. A prescribed fee must also be paid, which depends on whether a correction is made in the PAN or Aadhaar details. For any correction in the PAN details, the fee charged is Rs 110. For correcting Aadhaar details, the prescribed fee is Rs 50. Biometric authentication is compulsory in the case of a major mismatch in the data of PAN and Aadhaar.
It is important to link your PAN card with your Aadhaar card to prevent tax evasion and avoid the occurrence of multiple PAN cards.
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Linking PAN and Aadhaar is important to prevent tax evasion and avoid the occurrence of multiple PAN cards
The Indian government has made it mandatory to link Aadhaar with PAN cards. This is because linking the two cards has several advantages for both the government and the people.
Linking PAN and Aadhaar is important to prevent tax evasion. The government can easily check the taxable transactions of an individual or an organisation. This means that every taxable transaction or activity will be recorded by the government, making tax evasion a thing of the past.
Linking the two cards also helps avoid the occurrence of multiple PAN cards. By linking the Aadhaar to the PAN card, it becomes easy to track whether an individual or a firm has applied for multiple PAN cards. As applying for multiple PAN cards leads to tax avoidance.
Additionally, the Aadhaar-PAN linkage would deter people from having multiple PAN or Aadhaar cards for the purpose of tax avoidance. The procedure of Aadhaar-PAN linkage would ensure that more individuals fall within the tax net, allowing the government to deter tax fraud.
Linking the two cards also has other advantages. For example, it will help in filing income tax returns easily. It will also be easier to obtain a new or duplicate PAN card if it is linked to your Aadhaar card.
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Frequently asked questions
Yes, the government has made it mandatory to link PAN and Aadhaar for all accounts.
You can link your Aadhaar to your HUF PAN by logging in to the e-filing portal of the income tax department.
You will need your login ID, password, and date of birth. After logging in, a pop-up window will prompt you to link your PAN card with your Aadhaar card. You will need to verify your details and then enter your Aadhaar number.
Yes, you can link your HUF PAN and Aadhaar by sending an SMS to PAN service providers or by filling up a form at a service centre.
Linking your HUF PAN with Aadhaar is important to prevent tax evasion and avoid the occurrence of multiple PAN cards.