PAN card is an important document required for various financial activities, including paying income tax and filing returns. According to a release by the Central Board of Direct Taxes (CBDT), the date for linking Aadhaar with PAN has been extended to June 30, 2023. So, today is the last day and there is no need to be silent to join it. further term.
The Central Board of Direct Taxes (CBDT) has reported a notable discrepancy between the number of PAN cards issued and the number of cards associated with Aadhaar number. A report published in February stated that about 610 million individual PANs have been issued so far. About 480 million of these are already connected to Aadhaar. You can use this article as a complete guide to help you link Aadhaar with PAN card, check its online status and more.
What are the different ways to link Aadhaar with PAN Card?
Via SMS
- Enter “UIDPAN < Số Aadhaar 12 chữ số > < Số PAN 10 chữ số > “
- Send this SMS to 56161 or 567678.
NOTE: Use only your registered mobile phone to complete this process.
Through the Information Portal of the Income Tax Department
- Access the official e-filing portal.
- Click on the Aadhaar link option in the Quick Links tab.
- Enter your Aadhaar card number and PAN.
- Confirm your PAN card and mobile number to receive OTP.
- Now go to Income Tax Payment Process and enter the payment method and assessment year.
- After successful payment, your PAN card will be linked with your Aadhaar.
Additionally, there is no Aadhaar and PAN linking fee till March 31, 2022, ITD offers a fee of Rs. 500 for Aadhaar-PAN linking between April and June 2022. And currently, a person who links their Aadhaar with PAN after July 2022 will have to pay a fee of Rs 1,000.
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How to check Aadhaar PAN link status?
Follow this step by step guide to check Aadhaar PAN link status as:
- Visit the official website of the Income Tax Department.
- Now enter your 10-digit PAN number and 12-digit Aadhaar number.
- Continue ‘View Aadhaar linking status.’
- You will receive your information in the next few seconds.
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What are the disadvantages of not linking Aadhaar with PAN?
Just in case, if you are also planning to pass this ultimatum, please don’t. When your PAN card becomes inoperable, you will not be able to use and perform other government services, such as:
- Filing income tax returns with an inactive PAN card will be very difficult.
- Processing will not be carried out on pending tax returns.
- Unusable PAN card will not be able to get pending tax refund.
- Once the PAN is no longer active, pending proceedings, such as those related to defective returns, cannot be completed.
- Once the PAN is discontinued, taxes will need to be deducted at a higher rate.
- Invalid PAN card cannot be used for important payment transactions.
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FYI, the importance of PAN Aadhaar linking could be that it prevents tax evasion by ensuring that a person’s PAN is linked to their Aadhaar, providing a special identification number. Additionally, it facilitates the filing of income tax returns and makes it simpler for the government to authenticate the identity of citizens.
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Source: pagasa.edu.vn