Deadline for PAN-Aadhaar Linking – May 31, 2024

PAN-Aadhaar Linking

Deadline for PAN-Aadhaar Linking - May 31, 2024

PAN-Aadhaar Linking

Important Update for Those Who Haven’t Linked Their PAN with Aadhaar Card Yet. Failure to Link PAN with Aadhaar by May 31st Could Result in Doubled TDS Deductions. The Income Tax Department has announced that linking PAN with Aadhaar by this deadline will prevent any adverse actions. However, biometric linking is essential to avoid increased deduction rates according to income tax rules.

This decision is intended to assist taxpayers whose PANs were deactivated due to non-linkage with Aadhaar. 

Official data as of January 29, 2024, shows that approximately 11.48 crore PANs were not linked with Aadhaar. Responding in Lok Sabha, Minister of State for Finance Pankaj Chaudhary revealed that the government levied a fine of Rs 601.97 crore for delays in linking PAN with Aadhaar between July 1, 2023, and January 31, 2024.

How to Link PAN with Aadhaar

Linking Via the Income-Tax Department Portal

Step 1: Go to incometaxindiaefiling.gov.in, the e-filing portal of the I-T department.

Step 2: Click on the ‘Link Aadhaar’ option under the ‘Quick Links’ section of the webpage.

Step 3: This will redirect you to a new page where the PAN number, Aadhaar number and other required details like your name need to be entered.

PAN-Aadhaar Linking
Linking Via SMS

Step 1: Dial 567678 or 56161 on a mobile device to send an SMS. The format should be UIDPAN (10-digit PAN card number), 12-digit Aadhaar card number, and space.

Step 2: Following that, an SMS will inform you of the PAN-Aadhaar link status. The Aadhaar and PAN will only be linked if the taxpayer’s date of birth matches both documents.

Here are the steps to check the status of linking your PAN with Aadhaar on the official income tax department website:

i) Visit the official website of the Income Tax Department at www.incometax.gov.in

ii) Navigate to the Quick Links section and locate the option for checking ‘Link Aadhaar Status’. Click on this option.

Read More: Understanding Form 10F: Purpose, Scope, and Mandatory Conditions

iii) A new screen will appear on your computer or mobile device. Enter your PAN and Aadhaar numbers into the designated fields.

iv) Once you have entered the required details, click on ‘View Link Aadhaar Status’.

v) The status of your Aadhaar-PAN linkage will be displayed on the page. For example, it will indicate whether your PAN (PAN Aadhaar) is linked to your Aadhaar number (Aadhaar Number) if they are linked.

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PAN CARD FORMS

PAN serves as a crucial identification tool for various financial transactions and is used to track taxpayers and their financial activities. PAN cards are required for several purposes, including filing income tax returns, opening bank accounts, investing in securities, buying and selling assets, and more.

 

Form 49A – Application for PAN by Indian Citizens

Form 49A is used for the allotment of a Permanent Account Number (PAN) to Indian citizens, entities incorporated in India, and unincorporated entities formed within India. Here’s what you need to know about this form:

Purpose:

Form 49A is used to apply for a new PAN card or to make changes or corrections in the existing PAN details.

 

pan

Applicable Individuals/Entities:

Individuals who are citizens of India. Companies, partnerships, trusts, etc., that are registered or incorporated in India. Sole proprietorships, Hindu Undivided Families (HUFs), associations of persons (AOPs), etc.

Documents Required:

Personal details such as name, date of birth, gender, etc.

Address for communication :

Contact information like phone number and email. Supporting documents for identity and address proof.

Submission and Process:

The form can be submitted online or physically at PAN service centers. Necessary documents must be attached as proof of identity and address. After submission, the PAN card will be processed and dispatched to the provided address.

 

Form 49AA – Application for PAN by Foreign Citizens:

Form 49AA is used for the allotment of a Permanent Account Number (PAN) to individuals and entities that are not citizens of India, entities incorporated outside India, and unincorporated entities formed outside India. Here’s what you need to know about this form:

Purpose:

Form 49AA is used to apply for a new PAN card by foreign citizens and entities operating outside India.

Applicable Individuals/Entities:

Foreign nationals residing in India or conducting financial transactions in India. Companies, organizations, etc., that are registered in other countries. Foreign partnerships, associations, trusts, etc.

 

pancard

 

Documents Required:

Similar to Form 49A, Form 49AA also requires personal and contact details. Additional details about the country of incorporation or citizenship. Supporting documents for identity and address proof, often attested by authorities like notary public.

Read More: TAX AUDIT UNDER INCOME TAX ACT,1961

Submission and Process:

Similar to Form 49A, the form can be submitted online or at PAN service centers. The required documents need to be provided for verification. After processing, the PAN card will be sent to the communication address.

Aadhaar-PAN link failed due to Name, DOB, Gender mismatch? Income Tax Dept shares ways to correct

How to resolve Aadhaar-PAN link failure due to Name, DOB, Gender mismatch? The Income Tax Department has shared ways to resolve PAN-Aadhaar link failure due to demographic mismatch.

 

The last date to link Aadhaar and PAN is June 30. PAN holders, who have still not completed the linking process, can do so till June 30 by paying a fee of Rs 1000. Failing to link Aadhaar-PAN by the end of the current month would make such Permanent Account Numbers (PAN) invalid from July 1, 2023.

 

 

Several users have been complaining that they are unable to link PAN-Aadhaar due to demographic mismatches such as name, date of birth, gender etc in their PAN and Aadhaar cards. The Income Tax Department on Saturday (June 24) shared what such PAN holders can do.

 

 

adhaar

 

In case of demographic mismatch, the Income Tax Department said biometric-based authentication can be availed of at dedicated centres of PAN Service Providers (Protean & UTIITSL).

 

 

Reasons for failure while linking Aadhaar with PAN

As per Income Tax Department, the link failure may occur due to:

  • Name Mismatch
  • Date of Birth Mismatch
  • Gender Mismatch.

 

 

What to do?

You can update PAN details by visiting:

 

 

 

You can update your Aadhaar details by visiting the UIDAI website at: https://ssup.uidai.gov.in/web/guest/update

 

After the demographic mismatch is resolved, users can try linking PAN-Aadhaar at the e-filing portal – https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar.

adhaar

 

What to do if linking still fails?

However, if the linking request still fails you can avail of the option of biometric-based authentication by paying a nominal charge of Rs 50 at dedicated centres of PAN Service Providers (Protean & UTIITSL), according to the Income Tax Department.

 

 

Read More: TAXABILITY OF PF CONTRIBUTION AND INTEREST

 

 

For availing the biometric authentication at Protean and UTIITSL centres, users should carry their PAN and Aadhaar. For the details of authorised service providers for biometric authentication, you can visit the respective websites of Protean/UTIITSL.