You must link your PAN card with Aadhaar before March 31, 2023 or it will stop working. Here is how to link PAN-Aadhaar online.
Here is an important update for people who have the PAN and Aadhaar card. If you haven’t linked your PAN with Aadhaar, please do so soon to prevent your PAN from stopping working. The last date to link the PAN with Aadhaar is March 31, 2023. The Department of Income Tax has urged all PAN holders, those who are not in the exempt category according to Notifications No. 37/ 2017, dated May 11, 2017 and who have not yet linked their Aadhaar with PAN, to link these documents immediately.
“Under the Income Tax Act 1961, it is mandatory for all PAN holders, who are not in the exemption category, to link their PAN to Aadhaar before March 31, 2023. As of April 1 From 2023, the unlinked PAN will cease to be operational. What is mandatory is necessary. Don’t delay, link it today!”, the Income Tax Department tweeted.
In particular, it is mandatory to link your PAN and Aadhaar, as linking these identification documents would allow you to complete your tax returns. PAN can be linked with a valid Aadhaar at www.incometax.gov.in after paying a fee of Rs. 1000. It may be known that the central government had extended the last date to link your Permanent Account Number (PAN) with Aadhaar to March 31, 2023. However, the Central Board of Direct Taxes (CBDT) has announced a series of sanctions. ).
On March 30, the department introduced a subsection (2) under section 139AA mandating that a fine of Rs. 500 will be charged for linking the documents until June 30, 2022 and will be increased to Rs. 1000 after that. After March 31, 2023, the PAN of taxpayers who do not link their Aadhaar, as required, will become inoperative and all the consequences provided in the Law for not providing, indicating or quoting the PAN will apply to said taxpayers. The consequences include not being able to file the return using the inoperative PAN; pending returns cannot be issued to inoperative PANs, among others.
Here is how to link PAN with Aadhaar online: Check the steps here
Go to the official income tax e-filing portal or click the link: https://www.incometax.gov.in/iec/foportal/.
In the ‘Quick Links’ section, click on ‘Aadhaar Link Option’ and then provide your PAN and Aadhaar number. Then touch ‘Validate’.
If Aadhaar and PAN are already linked, the message ‘PAN is already linked to Aadhaar or some other Aadhaar’ will appear on your screen.
If your PAN is not linked to your Aadhaar and you have paid a challan on the NSDL Portal, the payment information will be validated by electronic submission. You will get a popup notification that “Your payment details are verified” after confirming PAN and Aadhaar.
After providing the required details, click on the Link Aadhaar option and provide the 6-digit OTP received on your mobile number.
When you submit your Aadhaar-PAN link request, you will be able to check the status.
Additionally, PAN holders will need to allow 4-5 business days before submitting the linking request.