How to Link Aadhaar card with Pan card :
If your Permanent
Account Number (PAN) is not linked to your AADHAAR, then it will become deactivated from 1 April 2023, the income tax department said on Saturday urging
people to meet the deadline for linking the two.
"As per Income-tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar before 31March 2023. From 1 April 2023, the unlinked PAN shall become deactivated. The last date is approaching soon. Don't delay, link it today!" the department said in a social media post.
WHY IS LINKING PAN AND AADHAAR IMPORTANT?
According to the Income Tax Department, linking PAN and
Aadhaar will help in eliminating duplicate PANs as it will be connected to the
account holder'sbiometric information and will help in improving tax
compliance. Since Aadhaar is biometric based and cannot be obtained based on
any otheridentification document, linking the two is important for the tax
administration.
WHAT IS PAN USED FOR?
PAN is mandatory for a host of financial transactions
including:
opening of bank accounts,
deposit of cash in bank account,
opening of Demat account,
transaction of immovable properties and dealing in
securities.
PAN card is also a means of photo identification accepted by
all government and non-government institutions in the country.
WHO ALL ARE EXEMPTED ?
As per an earlier notification, those who do not have Aadhaar
and are residents of Assam, Jammu and Kashmir and Meghalaya are exempted from
this.Also, non-residents as per the Income-tax Act, 1961, people who are eighty
years old or more at any time during the previous year and those who are
notcitizens of India fall in the exempted category.
HOW TO LINK PAN WITH AADHAAR?
PAN can be linked with Aadhaar on the tax department's
website www.incometax.gov.in after paying a fee of 1000.
- Register on the website.
- Your PAN number will be your 'User ID'.
- Log in by entering the User ID, password and date of birth.
- Now, a pop-up window will appear, prompting you to link your PAN with Aadhaar.
- If the window does not appear, go to 'Profile Settings' on the Menu bar and click on 'Link Aadhaar'.
- Some blanks will already be filled such as name date of birth and gender as per the PAN details.
- Verify the PAN details on the screen with the ones mentioned on your Aadhaar.
- If the details match, enter your Aadhaar number and click on the "Link now" button.
- A pop-up message will inform you that your Aadhaar has been successfully linked to your PAN
- You may also visit https://www.utiitsl.com/ OR https://www.egov-nsdl.co.in/ to link your PAN and Aadhaar.
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Nice information
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