PAN-Aadhaar Linking Deadline Ends Today: A Step-By-Step Guide To Link Two Cards, Check Status
Although, now for linking PAN and Aadhaar cards, users are required to pay a fee of Rs 1,000. Failing to complete the linking process before the deadline can result in several consequences for users
How To Link PAN with Aadhaar
To link your PAN with Aadhaar on the Income Tax e-filing portal, follow these steps:
- Visit the Income Tax e-filing portal.
- Click on the "Link Aadhaar" tab.
- Enter your PAN and Aadhaar number in the respective fields.
- Click on the "Validate" button.
- Provide your name, date of birth, and mobile number as per your Aadhaar card.
- Click on the "Link Aadhaar" button.
- You will receive an OTP (One-Time Password) on your registered mobile number.
- Enter the OTP in the designated field. Click on the "Validate" button.
- Your PAN will be successfully linked with your Aadhaar.
How To Check If Your PAN-Aadhaar Link Status
To verify if your PAN and Aadhaar cards are linked, you can follow these simple steps:
1. Visit the official e-filing portal of the Income Tax Department:
2. Click on "Link Aadhaar Status" located under the "Quick Links" section.
3. Enter your PAN and Aadhaar number in the respective fields.
4. Click on "View Link Aadhaar Status".
5. If your Aadhaar and PAN are not linked, a pop-up message will appear stating, "PAN not linked with Aadhaar. Please click on the "Link Aadhaar" link to link your Aadhaar with PAN."
6. If the cards are successfully linked, you will see a message stating, "Your Aadhaar is linked with PAN."
Why PAN-Aadhaar Linking Is Necessary?
The linking of PAN card with Aadhaar has been made mandatory for all taxpayers by the income tax department. In addition, the Securities and Exchange Board of India (SEBI) has directed investors to link their PAN with Aadhaar to facilitate transactions in the securities markets.
The decision to enforce this linkage stems from the need for a robust de-duplication system in the PAN database. Instances were discovered by the income-tax department where individuals were allotted multiple permanent account numbers or one PAN was assigned to multiple individuals.
By linking PAN with Aadhaar, the government aims to establish a reliable and efficient identification system, ensuring accurate record-keeping and preventing duplications. Compliance with this requirement is essential for both taxpayers and investors in the securities markets.
Also Read: PAN Aadhaar Linking: IT Dept Says These Reasons Can Lead To Failure Of Linkage
What happens If You Do Not Link The Two Cards?
If your PAN becomes inoperative, you will not be able to furnish, intimate, or quote your PAN and would be liable to all the consequences for such failure, according to the advisory issued by the Income Tax Department.
Here are six implications for taxpayers:
- Your PAN will become inoperative.
- Filing ITR will not be possible.
- Pending returns will not be processed
- Pending refunds cannot be issued.
- Pending proceedings, as in the case of defective returns cannot be completed.
- Tax will be deducted at a higher rate.