In a message posted on social media platform X on May 28, 2024, the department stated, “Kind attention taxpayers, please link your PAN with Aadhaar before May 31st, 2024.”
PAN Aadhaar Linking: Who should do it and how? Step-by-step guide
The department further explained, “Linking your PAN with your Aadhaar by May 31 ensures you don’t face higher tax deduction/ tax collection under Section 206AA and 206CC of the Income Tax Act, 1961, due to an inoperative PAN for the transactions entered into before March 31, 2024.”
According to Section 139AA of the Income Tax Act, every person who has been assigned a PAN as of July 1, 2017, and is eligible to obtain an Aadhaar number, must provide their Aadhaar number in the prescribed form and manner.
Failure to link PAN with Aadhaar will result in the PAN becoming inoperative. However, individuals who belong to the exempted category will not be affected by this provision.
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To link PAN with Aadhaar online through the e-filing website, follow these steps:
1. Go to the Income Tax Site – https://www.incometax.gov.in/iec/foportal.
2. Click on ‘Link Aadhaar’ under ‘Quick Links’. Enter the PAN, Aadhaar number, and name as mentioned in the Aadhaar card.
3. Provide details such as PAN Number, Aadhaar number, your name on Aadhaar, and your mobile number. If only the birth year is mentioned in the Aadhaar card, tick the corresponding square. Also, tick the box to agree to get your Aadhaar details validated. Click on ‘Link Aadhaar’.
4. Enter the Captcha code. An OTP will be sent to the registered mobile number. Click the validate button.
It is important to note that linking Aadhaar and PAN requires paying a fine of Rs 1,000.
