The deadline for linking PAN (Permanent Account Number) with Aadhaar cards is approaching in India. If you don’t complete this process on time, there can be some problems. The government extended the deadline from March 31 to June 30. To link PAN with Aadhaar, you need to visit the website www.incometax.gov.in.
If you fail to link your PAN with Aadhaar before the deadline, your PAN will become inactive. This means you won’t be able to use your PAN number for tax-related documents. It’s an important financial document, so not having it can cause difficulties.
If you haven’t linked your PAN with Aadhaar, you may have to pay higher taxes. It will also be challenging to file income tax returns and claim the refunds you are eligible for.
PAN is also required for various banking transactions, such as opening bank accounts or depositing large sums of money. So, not linking your PAN with Aadhaar can create problems in these situations.
There are some exceptions to the Aadhaar-PAN linking rule. Non-residents and individuals aged 80 or above are exempted, but this exemption might change in the future.
To link your Aadhaar card with PAN, you can do it online through the e-Filing website or via SMS by sending a specific message.
It’s important to act before the deadline to avoid any complications.
For whom is Aadhaar-PAN linking not compulsory?
Not a citizen of India
A non-resident as per the Income Tax Act, 1961; of the age of eighty years or more at any time during the previous year
However, these exemptions may change or be revoked later.
How to link Aadhaar card through e-Filing website
Go to Income Tax:
ling portal incometaxindiaefiling.govin
Click on Link Aadhaar’ se
non the left side of the portal
Enter PAN number, Aadhaar number, name and the CAPTCHA.
Click on the “Link Aadhaar’ button.