Ella Walter
If you have a Permanent Account Number (PAN) card and are eligible to obtain an Aadhaar number, you must link the two. This is because, without this, your PAN will become inoperative, and you will be unable to process your income tax returns. The deadline for this was 30 June 2023. There are several steps to linking your PAN and Aadhaar, including visiting the e-Filing Portal and entering your PAN and Aadhaar numbers. You can also use the mAadhaar app, although this requires a registered mobile number.
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What You'll Learn
Linking PAN with Aadhaar is mandatory for new applicants
Linking PAN with Aadhaar is a mandatory process for new applicants. For new applicants of a PAN card, the Aadhaar PAN linking is done automatically during the application stage. This is an important process because it will allow your income tax returns to be processed.
If you are a new applicant, you can follow these steps to link your PAN with your Aadhaar:
- Go to the e-filing Portal homepage and click on Link Aadhaar under Quick Links.
- Enter your PAN and Aadhaar and click Validate.
- Enter the mandatory details as required and click on Link Aadhaar.
- Enter the 6-digit OTP received on the mobile number mentioned and click on Validate.
- Your request for the link of Aadhaar has been submitted successfully, and you can now check the Aadhaar-PAN link status.
It is important to note that if you do not link your PAN with your Aadhaar, your PAN will become inoperative. This means that you will face restrictions in Demat account opening and transaction processing, and you will not be allowed to invest in RBI or Sovereign Gold Bonds. Additionally, ISA account opening and transaction processing will be restricted.
Therefore, it is essential to link your PAN with your Aadhaar if you are a new applicant to avoid any complications and to ensure the smooth processing of your income tax returns.
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Existing PAN holders must link with Aadhaar
It is mandatory for existing PAN holders who were allotted a PAN on or before 1 July 2017 to link their PAN with Aadhaar. If you do not link your PAN with Aadhaar by 30 June 2023, your PAN will become inoperative. However, people who fall under the exempted category will not be subject to the effects of PAN becoming inoperative.
To link your Aadhaar with PAN, you can follow the steps outlined below:
Step 1: Visit the e-Filing Portal
Go to the e-Filing Portal homepage and click on ''Link Aadhaar' in the Quick Links section. Alternatively, log in to the e-filing portal and click on 'Link Aadhaar' in the Profile section.
Step 2: Enter your PAN and Aadhaar Number
Enter your PAN and Aadhaar Number in the respective fields.
Step 3: Continue to Payment
Click on ''Continue to Pay Through e-Pay Tax' to make the payment. Note that payment of the fee is required before submitting the Aadhaar-PAN link request.
Step 4: Enter OTP
Enter your PAN, confirm your PAN, and provide a mobile number to receive the One-Time Password (OTP).
Step 5: Submit Link Request
After entering the OTP, click on ''Validate'. Once validated, your request to link Aadhaar with PAN will be submitted successfully.
Step 6: Check Link Status
You can check the status of your Aadhaar-PAN link request by going to the e-Filing Portal homepage, clicking on 'Link Aadhaar Status' under Quick Links, and entering your PAN and Aadhaar Number.
It is important to ensure that you link your correct Aadhaar with your PAN. If you encounter any issues or need to delink your Aadhaar from an incorrect PAN, you may need to contact your Jurisdictional Assessing Officer for assistance.
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Linking PAN with Aadhaar is not compulsory for all
Secondly, the PAN-Aadhaar linkage is not compulsory for existing customers whose accounts have been opened based on Form 60. These customers will not be required to link their PAN with Aadhaar until they obtain a PAN.
Thirdly, the PAN-Aadhaar linkage is applicable to non-individuals. Cases that are flagged as exempt or NA by NSDL output are to be read as Operative PAN.
Finally, new customers can open an account with a bank if their PAN status is inoperative. Inoperative PAN status does not impact the TDS rate for DTAA customers when they have given the declaration in a specified format containing their mobile number, address, and email. Additionally, people who fall under the exempted category will not be subject to the effects of PAN becoming inoperative.
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A fee is required to link Aadhaar with PAN
It is mandatory to link your PAN with your Aadhaar. This is necessary for your income tax returns to be processed. If you do not link your PAN with your Aadhaar by 30 June 2023, your PAN will become inoperative.
To link your Aadhaar with your PAN, you must pay a fee. You can do this by visiting the e-Filing Portal and clicking on 'Link Aadhaar' in the 'Quick Links' section. After entering your PAN and Aadhaar number, you will be prompted to continue to pay through e-Pay Tax. Once you have paid the fee, you can submit your linking request.
If your linking request is still pending, you may need to avail of the option of biometric-based authentication at dedicated centres of PAN Service Providers. You will need to bring your PAN, Aadhaar, and a fee-paid challan copy. You will also need to pay a biometric authentication charge at the centre.
If your PAN becomes inoperative, you will face several consequences. For example, a refund of any amount of tax due will not be made, and interest will not be payable on such a refund. Additionally, tax deducted or collected at source will be at a higher rate.
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The process to link Aadhaar with PAN
It is mandatory to link your PAN with Aadhaar. This is important because it allows your income tax returns to be processed. For new applicants of the PAN card, the Aadhaar PAN linking is done automatically. However, if you are an existing PAN holder who was allotted a PAN on or before 1 July 2017, you must link your PAN with Aadhaar. If you do not link your PAN with Aadhaar, it will become inoperative.
Step 1: Visit the e-Filing Portal
- Go to the e-Filing Portal homepage and click on ''Link Aadhaar' in the Quick Links section.
- Alternatively, log in to the e-filing portal and click on 'Link Aadhaar' in the Profile section.
Step 2: Enter your details
- Enter your PAN and Aadhaar Number.
- Click on ''Continue to Pay Through e-Pay Tax'.
- Re-enter your PAN, confirm your PAN, and enter any mobile number to receive an OTP.
- After OTP verification, you will be redirected to the e-Pay Tax page.
- Click on 'Proceed' on the Income Tax tile.
- Select the relevant Assessment Year and Type of Payment as 'Other Receipts (500)'. Click 'Continue'.
- The applicable amount will be pre-filled against 'Others'. Click 'Continue'.
- A challan will be generated. Select the mode of payment.
- After selecting the mode of payment, you will be redirected to the Bank website where you can make the payment.
Step 3: Link your Aadhaar
- After payment, you can link your Aadhaar with PAN on the e-Filing Portal.
- Go to the e-filing portal homepage and click on 'Link Aadhaar' under Quick Links.
- Enter the PAN and Aadhaar and click 'Validate'.
- Enter the mandatory details as required and click on 'Link Aadhaar'.
- Enter the 6-digit OTP received on the mobile number and click on 'Validate'.
- Your request for the Aadhaar-PAN link has now been submitted.
Step 4: Check the status of your Aadhaar-PAN link
- On the e-Filing Portal homepage, under Quick Links, click 'Link Aadhaar Status'.
- Enter your PAN and Aadhaar Number and click 'View Link Aadhaar Status'.
- On successful validation, a message will be displayed regarding your Link Aadhaar Status.
- Alternatively, you can go to 'My Profile' and click on 'Link Aadhaar Status'. If your Aadhaar is already linked, the Aadhaar number will be displayed. If not, 'Link Aadhaar Status' will be displayed.
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