Everything You Need to Know About Linking Aadhaar with PAN
The Indian government has made it mandatory to link your Aadhaar with your PAN for filing tax returns. This move has been made to curb tax evasion and ensure transparency in the system. In this article, we will discuss everything you need to know about linking your Aadhaar with PAN.
What is Aadhaar?
Aadhaar is a unique identification number issued by the Indian government to its citizens. It contains biometric and demographic data, and it is mandatory for availing government schemes and subsidies.
What is PAN?
PAN stands for Permanent Account Number. It is a ten-digit alphanumeric number issued by the Income Tax Department of India. It is mandatory for filing income tax returns and conducting financial transactions above a certain limit.
Why Link Aadhaar with PAN?
Linking Aadhaar with PAN helps the government track individuals' financial transactions and ensure that they are paying their taxes. It also helps in identifying duplicate PAN cards and reducing tax evasion.
How to Link Aadhaar with PAN?
There are two methods to link your Aadhaar with PAN - online and offline. Let's discuss each method in detail.
Online Method
To link your Aadhaar with PAN online, follow the steps given below
Step 1: Visit official website of income tax depart and click on "Link Aadhaar Status"
Step 2: Fill your Pan & Aadhaar number and click on "View Link Aadhaar Status"
Step 3: click on "Link aadhaar"
Step 4: Fill your Pan & Aadhaar number and click on "Validate"
Step 5: click on "Continue to Pay Through E-Pay Tax"
Step 6: Fill your Pan & Aadhaar link mobile number and click on "Continue"
Step 7: Enter OTP and click on "Continue"
Step 8: Verify your Pan & Name and click on "Continue"
Step 9: Click "Proceed" on Income Tax Section
Step 10: Select financial year (2023-24) and select (other reciepts 500) as type of payment
Step 11: Pay your payment by clicking "continue"
Step 12: Select your bank for payment
Step 13: Read all Term and Conditions then Click "Submit to Bank"
Step 14: After successful Payment you have to wait 4-5 working days to verify your payment by Income tax department
Step 15: Click on "Link Aadhaar"
Step 16: Fill your Pan & Aadhaar number and click on "Validate"
Step 17: Click on "Continue"
Step 18: Click on "Link Aadhaar"
Step 19: All done
within 24 hours your Pan Card will link with your Aadhaar Card
Frequently Asked Questions
Q. Is it mandatory to link Aadhaar with PAN?
A. Yes, it is mandatory to link Aadhaar with PAN for filing tax returns.
Q. Can I link Aadhaar with PAN if there is a mismatch in the names?
A. No, the names on your Aadhaar and PAN should match for linking.
Q. Can I link multiple Aadhaar cards with a single PAN?
A. No, only one Aadhaar can be linked with a single PAN.
Linking your Aadhaar with PAN is a simple process that can be done online. It is a mandatory requirement for filing income tax returns in India. We hope this article has provided you with all the necessary information on linking your Aadhaar with PAN.
