PAN-Aadhaar Linking:
The PAN-Aadhaar linking refers to the process of connecting a person’s Permanent Account Number (PAN) with their Aadhaar number. Aadhaar is a 12-digit unique identification number issued by the Unique Identification Authority of India (UIDAI), while PAN is a 10-digit alphanumeric number issued by the Income Tax Department of India.
The linking of PAN with Aadhaar was made mandatory by the Indian government in 2017 through an amendment in the Income Tax Act. The deadline for linking PAN with Aadhaar has been extended several times and the current deadline is 30th June 2023.
Linking PAN with Aadhaar helps to eliminate duplicate PANs, which helps in preventing tax evasion and money laundering. It also helps in easy verification of tax returns, reduces the chances of errors in personal details, and facilitates quicker processing of income tax returns.
To link PAN with Aadhaar, individuals can visit the Income Tax Department’s e-filing website and follow the steps mentioned there. Alternatively, they can link PAN with Aadhaar by sending an SMS to 567678 or 56161 in the format: UIDPAN
PAN-Aadhaar Linking: List of People EXEMPTED From This Process
As an AI language model, I can provide you with information regarding the PAN-Aadhaar link, but please note that the regulations and policies may vary depending on the country and region.
In India, the government has mandated the linking of PAN (Permanent Account Number) and Aadhaar (a 12-digit unique identification number) for taxpayers. However, certain categories of individuals are exempted from this process. Here is a list of people who are exempted from the PAN-Aadhaar link process in India:
- Non-resident Indians (NRIs) who do not have Aadhaar.
- Individuals who are not citizens of India but have been allotted PAN.
- Individuals who are aged 80 years or above at any time during the tax year.
- Individuals who reside in the states of Assam, Jammu and Kashmir, and Meghalaya, as these states have not implemented the Aadhaar scheme.
- Individuals who are unable to link their PAN and Aadhaar due to any technical difficulties or other genuine reasons.
- Individuals who have been declared as lunatic or mentally challenged by a competent court.
- Individuals who have passed away.
Please note that this list may not be exhaustive, and there may be additional exemptions depending on the circumstances. It is always best to consult with a tax professional or the relevant government authority to confirm any exemptions or other requirements related to PAN and Aadhaar linking.
PAN-Aadhaar Linking-A Step By Step Guide
Linking your PAN (Permanent Account Number) and Aadhaar (Unique Identification Number) is now mandatory for taxpayers in India. Here is a step-by-step guide to link your PAN with Aadhaar:
Step 1: Visit the Income Tax e-filing website – https://www.incometaxindiaefiling.gov.in/home
Step 2: Click on the ‘Link Aadhaar’ option under the ‘Quick Links’ section on the left-hand side of the page.
Step 3: Enter your PAN, Aadhaar Number, and Name (as per Aadhaar) in the given fields.
Step 4: If your Aadhaar card only contains your year of birth, tick the box that says ‘I have only year of birth in Aadhaar card.’
Step 5: Enter the Captcha code and click on ‘Link Aadhaar.’
Step 6: A pop-up message will appear stating that your Aadhaar card has been successfully linked with your PAN card.
Alternatively, you can also link your PAN and Aadhaar through SMS.
Step 1: Send an SMS to 567678 or 56161 in the following format: UIDPAN
Note: It is important to ensure that your details on your PAN and Aadhaar card match before attempting to link them. If there is any discrepancy, you will need to get it rectified before linking the two.
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PAN-Aadhaar Linking Via SMS
Yes, you can also link your PAN and Aadhaar via SMS. Here is how you can do it:
Step 1: Send an SMS from your registered mobile number to 567678 or 56161 in the following format: UIDPAN <12-digit Aadhaar> <10-digit PAN>
Step 2: For example, if your Aadhaar number is 123456789012 and your PAN number is ABCDE1234F, then the SMS should be in the following format: UIDPAN 123456789012 ABCDE1234F
Step 3: After sending the SMS, you will receive a confirmation message indicating the status of the linking process.
Note: It is essential to ensure that the mobile number used for the SMS is registered with both the Aadhaar and PAN databases. If your mobile number is not registered, you will need to update it first before attempting to link via SMS. Also, ensure that your details on your PAN and Aadhaar card match before attempting to link them. If there is any discrepancy, you will need to get it rectified before linking the two.
PAN-Aadhaar Linking: Offline Method
Yes, you can also link your PAN and Aadhaar offline. Here’s how:
Step 1: Visit the nearest PAN Service Centre or NSDL TIN Facilitation Centre.
Step 2: Obtain and fill in the ‘Annexure-I’ form, which is available on the Income Tax Department’s website.
Step 3: Attach a photocopy of your Aadhaar card and PAN card with the filled form.
Step 4: Submit the form to the PAN Service Centre or NSDL TIN Facilitation Centre.
Step 5: After verification, your Aadhaar will be linked to your PAN.
Note: It is important to ensure that your details on your PAN and Aadhaar card match before attempting to link them. If there is any discrepancy, you will need to get it rectified before linking the two.
PAN-Aadhaar Linking: How can you verify if your Aadhaar is linked to your PAN
You can check the status of your Aadhaar-PAN linking by following these simple steps:
Step 1: Visit the Income Tax e-filing website – https://www.incometaxindiaefiling.gov.in/home.
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 page that appears, click on ‘Click Here’ button under the ‘Aadhaar Status’ section.
Step 4: Enter your PAN and Aadhaar Number in the respective fields.
Step 5: Click on the ‘View Link Aadhaar Status’ button.
Step 6: If your Aadhaar is linked to your PAN, the status message will confirm the same. If it is not linked, you will receive a message to link your Aadhaar with your PAN.
Alternatively, you can also check the status of your Aadhaar-PAN linking by sending an SMS to 567678 or 56161 in the following format: UIDPAN <12-digit Aadhaar> <10-digit PAN>. You will receive a message indicating the status of the linking process.
Note: It is important to ensure that your details on your PAN and Aadhaar card match before attempting to link them. If there is any discrepancy, you will need to get it rectified before linking the two.
Pan Aadhar Link Due Date Extended notification
The deadline for linking PAN and Aadhaar cards has been extended from March 31 to June 30. It is compulsory for everyone to link their PAN and Aadhaar cards to avoid facing consequences such as higher TDS and TCS deductions.
The Indian government has extended the deadline for linking PAN and Aadhaar by three months, until June 30, to provide taxpayers with more time. Previously, the Department of Revenue had announced that individuals had to link their Aadhaar and PAN cards by March 31 for a fee of Rs. 1000, or their PAN would become inoperative.
According to the Income-tax Act, anyone who has a PAN and is eligible for an Aadhaar number had to link the two by March 31, 2023, by paying a fee. Failure to do so would lead to consequences under the Act from April 1, 2023. However, the deadline for linking PAN and Aadhaar has now been extended to June 30, 2023, according to a statement from the finance ministry.
What happens if you fail to meet PAN-Aadhaar linking deadline?
If taxpayers fail to link their Aadhaar with their PAN card by the required deadline, their PAN card will become inoperative from July 1, 2023. When the PAN card is inoperative, it cannot be used for any financial transactions or to file income tax returns.
- No refunds will be issued against such PANs.
- During the period in which the PAN card is inoperative, no interest will be paid on any refunds related to financial transactions made using that PAN card.
- If a PAN card becomes inoperative due to the failure to link it with Aadhaar by the deadline, the TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) rates specified in the Income-tax Act will be applied at a higher rate for financial transactions made using that PAN card.
If a PAN card becomes inoperative due to the failure to link it with Aadhaar by the deadline, it can be reactivated within 30 days by linking it with Aadhaar and paying a fee of Rs. 1,000 to the prescribed authority, according to the statement.
Linking Aadhaar with PAN was free of cost until March 31, 2022. However, since April 1, 2022, a fee of Rs. 500 was imposed, which was later raised to Rs. 1,000 from July 1, 2022.
FAQ’s
Is PAN Aadhaar link mandatory for everyone?
Yes, The Government of India has made it mandatory for individuals to link their PAN with Aadhaar if they want to file their income tax returns. This rule applies to all taxpayers, including individuals, companies, and partnership firms.
Additionally, linking PAN with Aadhaar is also required for certain financial transactions such as opening a bank account, purchasing a property, and investing in financial instruments like mutual funds and shares.
What is the problem if PAN is not linked with Aadhar?
If PAN (Permanent Account Number) is not linked with Aadhaar (Unique Identification Number), the individual may face various consequences, including:
1. Inability to file income tax returns: The Government of India has made it mandatory for individuals to link their PAN with Aadhaar to file their income tax returns. If the PAN is not linked with Aadhaar, the individual will not be able to file their tax returns, which can lead to penalties and legal consequences.
2. Invalid PAN: If the PAN is not linked with Aadhaar, it may become invalid. The government has the right to cancel the PAN if it is not linked with Aadhaar within the specified deadline.
3. Inability to carry out financial transactions: Certain financial transactions, such as opening a bank account, investing in mutual funds and shares, and purchasing a property, require PAN to be linked with Aadhaar. If the PAN is not linked with Aadhaar, the individual may not be able to carry out these transactions.
4. Penalties: The Income Tax Department may levy penalties on individuals who do not link their PAN with Aadhaar within the specified deadline. The penalty amount can vary depending on the individual’s income and the delay in linking the two.
Therefore, it is advisable for individuals to link their PAN with Aadhaar to avoid any legal or financial consequences.
Who is exempt from Aadhar linking?
The Government of India has specified certain categories of individuals who are exempt from linking their Aadhaar (Unique Identification Number) with various services, including PAN (Permanent Account Number). These categories include:
1. Non-resident Indians (NRIs)
2. Individuals who are not citizens of India
3. Individuals residing in the states of Assam, Meghalaya, and Jammu and Kashmir
4. Individuals who are 80 years of age or older
Additionally, the Supreme Court of India has also provided relief to certain categories of individuals by exempting them from linking their Aadhaar with various services. These categories include:
1. Students who are applying for various entrance exams
2. Individuals who do not have an Aadhaar card and have applied for one but have not yet received it
3. Individuals who have Aadhaar but are facing authentication failures due to technical reasons
4. Individuals who wish to opt out of the Aadhaar program
However, it is important to note that while these categories of individuals may be exempt from linking Aadhaar with various services, they may still be required to provide alternative forms of identification or complete certain additional formalities.
Do senior citizens need to link aadhar to PAN?
No, senior citizens who are 80 years of age or older are exempted from linking their Aadhaar (Unique Identification Number) with PAN (Permanent Account Number). This exemption is provided by the Government of India to ease the burden on senior citizens and ensure that they do not face any inconvenience in linking their Aadhaar with PAN.
Therefore, if an individual is 80 years of age or older, they are not required to link their Aadhaar with PAN. However, if the individual falls under any other category, such as being a taxpayer, then they are required to link their Aadhaar with PAN to file their income tax returns and carry out various financial transactions.