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  4. Last date to link PAN card with Aadhaar extended for the 7th time, now to 31 December — Know the complete process

Last date to link PAN card with Aadhaar extended for the 7th time, now to 31 December — Know the complete process

Last date to link PAN card with Aadhaar extended for the 7th time, now to 31 December — Know the complete process

Mandating the linking of PAN with Aadhaar, the government has so far extended the deadline seven times. The latest deadline was September 30, which has been further extended now to December 31, 2019. Hence, all PAN card holders must now link their PAN with Aadhaar.

PAN is issued by the Income Tax Department of India to persons, firms or entities and it is a 10 digit alphanumeric number. Aadhaar is issued by the Unique Identification Authority of India to all residents of the country.

During September 2018, the Supreme Court declared that the Aadhaar scheme is valid constitutionally and upheld the ruling that this biometric ID will continue to be considered mandatory for filing income tax returns as well as allotment of new PAN.

Benefits of Linking PAN card to Aadhar card

Apart from fulfilling the government mandate, there are several benefits to linking PAN with Aadhaar.

Preventing any PAN card frauds

Linking PAN with Aaadhaar can help the government filter and weed out those PAN cards that are fake and used by individuals to conceal their taxable income or evade the paying of income taxes.

Finding out tax evaders

PAN card is an essential document to pay taxes. PAN is also a must KYC document for bank accounts. Linking Aadhaar with PAN will automatically link the person’s Aadhaar with their bank accounts. Hence the government will be in an advantageous position to track the transactions of all persons and ascertain if the taxes they pay is right or not.

Curbing the circulation of black money

Fake identities help conceal the illegal activities like drug trafficking. When the PAN is linked with Aadhaar, it will rule out the possibility of such illegal activities.

Easy to file tax returns for taxpayers

The present laws by the government mandate the linking of PAN with Aadhaar. Once it is linked, the taxpayers can file their income tax returns online in a hassle-free way rather quickly. Taxpayers are also saved from the additional job of sending acknowledgement to the IT department. ITR-V can also be verified through an OTP you receive on your mobile number registered with Aadhaar.

How to link Aadhaar to PAN online?

Linking Pan with Aadhaar is a very easy process. Before doing this, ensure that the details your personal details you find on PAN and Aadhaar are the same. In case the name, spelling and other details found on these cards do not match, you need to rectify them. Use the link https://www.onlineservices.nsdl.com/paam/endUserRegisterContact.html for correcting the details on your PAN card. If the date of birth in both the documents match with each other perfectly, you can also choose to link PAN and Aadhaar without correcting your name either document. To do this, generate an OTP and upload a scanned copy of your PAN card on the official website of the Income Tax Department.

Steps to link PAN card with Aadhaar Card

1. Visit the site http://www.incometaxindiaefiling.gov.in/home

2. Click on the link ‘Link Aadhaar’.

3. Fill out the application you will see on the page.

4. Once you enter the details asked, enter the captcha code.

5. Finally click on the ‘Link Aadhaar’ link.

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