LINK YOUR PAN WITH ADHAAR BY 31ST MARCH TO AVOID PENALTY
Section 139AA was inserted in the Income Tax Act by Budget 2017. This section makes it mandatory to link PAN with Aadhaar. This section states that every person who has PAN as on July 1, 2017 is required to link his/her PAN with his/her Aadhaar number. As per the rules if PAN is not linked with Aadhaar by the due date, then the PAN will become invalid.
You will not be able to use their PAN to conduct financial transactions where quoting of PAN is mandatory. The PAN and Aadhaar can be used interchangeably, once linked. It has also become mandatory to quote and link Aadhaar number while filing income tax returns unless specifically exempted.
The last date to link PAN to Aadhar is 31st March, 2021. The last date to link PAN with Aadhaar will not be applicable to the following persons, only if they do not have Aadhaar number or Aadhaar Enrolment ID:
The Income Tax Department had said that PAN will become inoperative if not linked with Aadhaar by March 31.
However, it will again become operative once the individual links it with the Aadhaar card.
Procedure to link Aadhar with PAN:
Using the income tax department’s portal
Step 1: Visit the income tax department’s e-filing portal: http://incometaxindiaefiling.gov.in/
Step 2: Click on the ‘Link Aadhaar’ section on the left.
Step 3: Fill in the PAN number, Aadhaar number, name and the CAPTCHA.
Using SMS service
The documents can also be linked by sending an SMS to 567678 or 56161 from your registered mobile number after typing UIDPAN and clicking send. The format for the SMS is: Type UIDPAN (12-digit Aadhaar number), put space (10-digit PAN) and send it to 567678 or 56161.
Linking Aadhaar card with PAN manually
In order to link the documents manually, visit a service centre for your PAN card and fill the ‘Annexure-I’ form. Attach the form with a copy of the PAN and Aadhaar cards. For linking the documents manually, a prescribed fee is charged, unlike the online linking which is free.
How you can check the PAN-AADHAAR linking status?
Step 1: Visit the official Income Tax department website
Step 2: Click on the link reading ‘Link AADHAAR status’
Step 3: You will be redirected to a new page
Step 4: Enter your AADHAAR card and PAN card number. The status will be displayed
How to check the status of interlinking via SMS?
Step 1: You need to type UIDPAN <12-digit AADHAAR> <10-digit PAN>
Step 2: You can send this message either on 56768 or on 56161
The government has in the past given several extensions to allow people to link Aadhaar and PAN, it appears now they want to penalise those who don’t do it within due date by levying a late fee. Also, as per rule 114AAA, in case where a person is required to furnish or intimate his PAN and the PAN is inoperative, it will be deemed that he or she has not furnished PAN. Under various provisions of the Income Tax Act if a person doesn’t furnish PAN or gives an inoperative PAN he or she may have to a pay a higher TDS (tax deducted at source) or TCS (tax collected at source), and may not be able to file income tax return and may face the consequences of not filing the tax return.
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