HAVE YOU LINKED YOUR  PAN WITH AADHAAR?

HAVE YOU LINKED YOUR PAN WITH AADHAAR?

Our Government has made it mandatory for all PAN holders to link their PAN with AADHAAR. Originally, the deadline for linking the PAN with Aadhaar was supposed to expire at the end of the current financial year, i.e March 2021. Due to the Prevailing Pandemic, the Deadline for the integration has been extended till June 30, 2021. The defaulters would attract a penalty of Rs.1000 along with the termination of their PAN.

As per the finance bill 2021 under new section 234H,

“Without prejudice to the provisions of this Act, where a person is required to intimate his Aadhaar number under sub-section (2) of section 139AA and such person fails to do so on or before such date, as may be prescribed, he shall be liable to such fee, as may be prescribed, not exceeding one thousand rupees, at the time of making intimation under sub-section (2) of section 139AA after the said date”

WHY YOU MUST LINK YOUR PAN WITH AADHAAR:

It is important to link your PAN with AADHAAR as this will allow your income tax returns to be processed. The government view of linking the Aadhaar Card with the PAN card is to help in viewing an audit trail. Now, Aadhaar cards have been widely used for most transactions and the linkage provides a complete activity trail for the Income Tax department. Thus, it acts as the key to plugging revenue leakages.

Due to lack of audit trail, a lot of black money in the economy has been accumulated. Since Aadhaar has been widely used by the people in the country, linking Aadhaar card with PAN card will help the government to easily identify the taxpayers who are evading to pay the tax. 

WHAT HAPPENS IF YOU FAIL TO LINK PAN WITH AADHAAR:

People who fail to link the Pan Card with Aadhaar before 30th June 2021 Midnight, their PAN Card will be made inoperative and will be imposed with a penalty amount of Rs.1,000/-. If your PAN becomes invalid or inoperative, you will not be able to conduct any financial transactions where you are required to quote it. For instance, any bank transaction above Rs 50,000 requires PAN.

The other consequences once the PAN gets terminated are:

  • PAN holders will be unable to file their income tax returns, conduct financial transactions that require PAN, or avail of government benefits like pension, scholarship, LPG subsidy, etc. 
  •  Unable to file income tax with an invalid PAN and may face higher penalty for non-compliance. 
  •  Taxpayers who have not linked their PAN and Aadhaar will also have to pay higher TDS and TCS.
HOW WILL I KNOW WHETHER I’VE LINKED PAN-AADHAAR ALREADY OR NOT?

You might now be in confusion as like other people whether you’ve linked your Aadhaar card with your PAN card. In order to avoid your confusion, check your Aadhaar-PAN integration status instantly by clicking on the link displayed below.

CLICK HERE

HOW TO LINK YOUR PAN WITH AADHAAR:

(Source: DNA India) 

If incase you discover that you have not made your Aadhaar-PAN integration, no worries, you can link it now just at your fingertips.

You can now link your PAN with Aadhaar in either two ways: 

  • VIA ONLINE
  • VIA SMS

We’ll have a detailed look on how to link both PAN and Aadhaar via Online or SMS

HOW TO LINK YOUR PAN AND AADHAAR VIA ONLINE:

Follow the steps below to link your PAN with AADHAAR, 

STEP 1: First, visit the Income Tax Department e-filing portal by clicking on the link below:

www.incometaxindiaefiling.gov.in

You will be now redirected to the official e-filing website of Income Tax Department, Government of India.

 (Source: Financial Express) 

STEP 2: In the Income Tax e-Filing website, To link PAN with Aadhaar card, please Click on the “link Aadhaar” under the quick links.

Later, you will be redirected to a new page.

(Source: AllIndiaITR E-Filing Help Centre)

STEP 3: HERE, You will be required to fill your PAN and Aadhaar Card Details. Kindly enter your valid Aadhaar and PAN card details carefully.

(Source: Turtlemint)

STEP 4: Enter the displayed captcha code(visually challenged users can use the OTP option for captcha) and click on the “link Aadhaar” to proceed.

(Source: The Financial Express)

After selecting the Link Aadhaar option, you will receive a notification stating “Aadhaar-PAN linking is completed successfully “.

(Source: India.com)

HOW TO LINK YOUR PAN AND AADHAAR VIA SMS:

You can also link your PAN with Aadhaar even through SMS!

The Income Tax Department has made it easy for the PAN holders to link their Aadhaar with PAN through a simple SMS-based facility.

(Source: Trak.in)

STEP 1: Enter your 12 digit Aadhaar Card Number along with a 10 digit PAN Card number. Enter the details in the below format as shown:

UID PAN<SPACE><12 digit Aadhaar><Space><10 digit PAN>

STEP 2: Send the SMS to 567678 or 56161 from your registered mobile number in the below-mentioned format.

(Example: UIDPAN 123456789123 ABCDE1234F)

Hence, link your PAN with Aadhaar and get rid from facing all consequences!

!!!!!LINK YOUR PAN WITH AADHAAR WITHOUT FAIL!!!!!

 

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