Saturday, November 2, 2024
Saturday, November 2, 2024

PAN Aadhaar Link – How to Link Aadhar Number With PAN Card Online After Deadline?

by Aishwarya Agrawal
PAN Aadhaar Link - How to Link Aadhar Number With PAN Card Online After Deadline?

Most taxpayers in India must join their Aadhaar number with the PAN card. The govt is pressing people to join the two documents before the June 30, 2023 deadline for aadhar PAN link last date to stay away from heavy penalties and inconveniences. This blog tells you exactly how to link Aadhaar with PAN card online following the deadline, the reason it’s essential, what happens in case you miss the deadline and how to link Aadhaar with PAN card.

Why to do PAN Aadhaar Linking?

The Indian government has required Aadhaar to be connected with PAN to simplify tax filings and curb tax fraud. This linkage guarantees identity to each individual and prevents multiple PAN cards being issued under one name. Additionally, it can help in tax returns and refunds. An unlinked PAN card gets inoperative – it can’t be used for establishing a checking account, purchasing a house or even investing.

Implications of Missing the Deadline for PAN Aadhaar Link

The deadline to link aadhar to pan card had been 30 June 2023. Not linking these documents by this date has several consequences:

  1. Inoperative PAN: Your PAN card gets inoperative and you can’t put it to use for payments.
  2. Higher TDS/TCS Rates: TCS and TDS will be imposed at a greater rate.
  3. No Refunds: You are going to get no tax refunds or interest on refunds.
  4. Penalties: Not furnishing your PAN might lead to fines under the Income Tax Act.

You can still link aadhar to pan card via a process and also pay a penalty fee despite missing the deadline.

Steps After Deadline on How to Link Aadhaar and PAN

To link aadhaar with pan on the internet right following the due date, follow these steps:

Step 1: Penalty Fee being paid.

Aadhaar with PAN linking after the deadline incurs a Rs. 1,000 fine. This particular payment may be made via the e-Pay Tax functionality of Income Tax e-filing portal.

  1. Go to the e-Pay Tax Page: Go to the e-Pay Tax web page of Income Tax e-filing website.
  2. Enter Your Details: Enter your PAN, confirm your PAN and type in your mobile number. You are going to receive an OTP on this particular number.
  3. Verify OTP: Enter the OTP to proceed.
  4. Select Payment Tile: You’ll be taken to a page with various payment tiles. Click the Proceed button on the Income Tax tile.
  5. Payment Details: Set the Assessment Year to 2024-25 and Type of Payment to “Other Receipts (500).”
  6. Enter Amount: Enter Rs. Place 1,000 in the “Others” field in the tax break-up and hit the “Pay” button.

Step 2: Send Aadhaar Linking Request

Right after paying the penalty fee, you have to submit your Aadhaar linking request through the e-filing website.

  1. Login to e-Filing Portal: Log in making use of your credentials at the Income Tax e-filing portal.
  2. Access Aadhaar Linking Option: Click Link Aadhaar under the Quick Links section in your profile section on the dashboard.
  3. Enter Details: Enter your Aadhaar number and hit “Validate” to move forward with linking.
  4. Provide Information: Enter details like your mobile number/name as per Aadhaar, etc.
  5. Verify with OTP: You will get a 6 digit OTP from your authorised mobile number. Enter this OTP to finish the verification.
  6. Submit Request: Following verification of information, your request for linking Aadhaar with PAN is going to be submitted with success.

Checking Aadhaar PAN Link Status

To look at your Aadhaar-PAN linking status:

  1. Visit the e-Filing Income Tax Department Page and Check out Aadhaar-PAN link status page.
  2. Enter PAN and Aadhaar number.
  3. View Status there. You can see the status of your linking request by clicking the “View Link Aadhaar Status” button.

Errors in Aadhaar or PAN Details to Correct

The linking might fail because of discrepancies in the details on your Aadhaar and PAN cards. How you can fix these errors:

For PAN Card Corrections

  1. Visit NSDL Website: For PAN corrections go to NSDL (Protean) Web site.
  2. Apply for Correction: Select an appropriate option to correct existing PAN data.
  3. Submit Documents: Provide the documents and submit your correction request.
  4. Link After Correction: After your PAN details are updated, you can associate your PAN with Aadhaar.

For Aadhaar Card Corrections

  1. Go to Aadhaar Enrolment Center: Locate an Aadhaar Enrolment Centre close to your home.
  2. Send Correction Form: Complete Aadhaar Correction Form with the proper details.
  3. Proof: Mail in self-attested copies of your proof of identity.
  4. Track Status: Follow the status of your correction Request with the Update request Number (URN) provided.
  5. Link After Correction: Whenever your Aadhaar information is right, you will be able to associate your PAN to Aadhaar.

Aadhaar-PAN Linking Customer Support

For assistance linking your Aadhaar with PAN, you may call these helplines:

  • UIDAI: For Aadhaar related queries, call UIDAI at their helpline number 1947.
  • NSDL (Protean): Contact NSDL (Protean) at 020 27218080.
  • UTIITSL: For PAN related problems contact UTIITSL on 033 40802999.
  • Income Tax Department: The Income Tax department is at 1800-103-0025 or + 91-80-46122000.

Closing Thoughts

All taxpayers in India should link your Aadhaar with your PAN card. The linkage of your PAN and Aadhaar can save you from higher TDS/TCS rates, smoother tax return procedures and avoidable disruptions in your financial transactions. Should you experience issues, you can contact the offered customer service channels. With these steps, you can keep up your tax-related and financial activities with no interruption.

FAQs

Why is the Aadhaar PAN link process optional for many individuals? 

Aadhaar PAN link procedure is elective for Non Resident Indians (NRIs), Overseas people of India (OCIs), residents and non-Indians of Assam, Jammu and Kashmir and Meghalaya. Individuals that are eighty years or even older at any point during the prior year as well are exempt from this requirement.

Do I have to provide any document proof for the Aadhaar card PAN card link? 

In general, you don’t have to submit any extra paper proof when your PAN and Aadhaar card details match. The linking is done online in the Income Tax e-filing portal. But in case your details differ from what’s displayed on Aadhaar or PAN, you might have to make essential modifications and also send us the documents necessary for that update.

When was the last date for the Aadhaar PAN card link and What happens in case I miss it?

The due date for linking Aadhaar with PAN card had been June 30, 2023. What this means is you can’t utilise it for financial transactions and you might pay increased TDS and TCS prices, not file Income Tax returns, and also incur other fines under the Act.

Could I link my Aadhaar number with my PAN card online after the deadline passes? 

You can still link your Aadhaar number with your PAN card online after the deadline passes. You are going to have to pay a Rs. 1,000 penalty with e-Pay Tax performance on the Income Tax e-filing site. After that you are able to then begin with linking as discussed in the steps on the portal.

Are there consequences and penalties for not linking Aadhaar with PAN card on time?

Yes, there are penalties and consequences for not linking Aadhaar with PAN card on time: 

  • Your PAN card goes inoperable and you can’t utilise it for money transactions.
  • Higher TCS and TDS rates will apply.
  • You are going to get no tax refunds or interest on this kind of refund.
  • You might be punished under the Income Tax Act for non compliance.

To stay away from such consequences you need to instantly link your Aadhaar with your PAN.

Related Posts

startupfino

Startupfino is one and only platform in India which is exclusively formed to support startups for their financial and legal matters. Startupfino is working in the ecosystem since a decade and is well equipped to handle the complexities in a startup faced by founders.  View More…

 

LetsGoLegal Advisory Private Limited

 

Learning Section

Contact Us

Mobile:   829-829-1011
Mail:       info@startupfino.com

Head Office

22, 2nd Floor Vaishali, Pitampura, Delhi 110034 


Gurgaon Office

880, Udhyog Vihar Phase-V, Gurugram, Haryana

 

Bangalore Office

Indiqube Sigma 3B 4th Floor Wing A2,7th C Main 3rd Block Koramangala Bangalore-560034

 

Faridabad Office

59/9, Faridabad, Haryana, 121006

 

© startupfino, 2024