Income tax aadhaar link

The federal government had initially set March 31, 2021 as the deadline for linking one's Aadhar card to the PAN card, but this was extended till June 30 to ensure that everyone had enough time to take up the task. While the IT department is still allowing tax payers to file returns without linking Aadhaar and PAN card, however, the federal tax department will not process the returns until PAN and Aadhaar are linked. Also, in case both PAN card and Aadhaar are not linked, you may not be able to open a new bank account or enjoy the benefit of various government schemes like Direct Benefit transfer, pension, scholarships etc. Here’s how you can link your PAN with Aadhaar Card online Before you link your Aadhaar with your PAN card, make sure you have both the documents handy with you. Also ensure that the details like – name, date of birth and gender are the same on both Aadhaar and PAN Card. In case of a discrepancy, you can visit UIDAI’s website to make the necessary changes or visit the nearest Aadhaar centre. Once you've made sure that everything else is in place, then follow the below process for online linking: Step 1 - Visit Link Aadhaar on the Income Tax department’s website - incometaxindiaefiling.gov.in Step 2 - Enter your Pan number; Aadhaar number; Name (exactly how it appears on your Aadhaar card) Step 3 – Complete the image verification as shown on the screen and hit “Link Aadhaar” How to Link Aadhaar with PAN by sending an SMS In case you’re not able to get onl...

CBDT has notified the Income-tax (Third Amendment) Rules, 2022. The CBDT has inserted sub-rule (5A) in Rule 114 . Sub rule (5A) provide that if a person intimates his Aadhaar number after the due date, he shall be liable to pay a fee of Rs. 500, if made between 01-04-2022 and 30-06-2022; and Rs. 1,000, in all other cases. And if the PAN is not linked with Aadhaar by March 31, 2023, then next year starting April 1, 2023, your PAN will become inoperative. Once your PAN becomes inoperative, your will not be able to file income tax return, open bank account, invest in mutual funds etc. New sub-rule (5A) in Rule 114 provide that if a person Links his Aadhaar number with PAN Card after the due date, then he shall be liable to pay a fee of: (a) Rs. 500, if made between 01-04-2022 and 30-06-2022; and (b) Rs. 1,000, in all other cases. Such fees shall be payable by the person at the time when the Aadhaar number is intimated. Furthermore, sub-rule (2) of Rule 114AAA says that where a person is required to furnish, intimate or quote his PAN, and his PAN has become inoperative, it shall be deemed that he has not furnished, intimated or quoted the PAN. Consequently, he shall be liable for all the consequences for not furnishing, intimating or quoting the PAN. How to link Aadhaar & PAN? Recently Income tax department has enabled the PAN-Aadhaar linking in the income tax portal. But to link the PAN & Aadhaar, first you have to pay the prescribed fee. The quantum of fee is given in my ear...

• Home • Karnataka Election 2023 • Budget 2023 • Market • Stock Stats • Top Gainers • Top Losers • Indices • Nifty 50 • Sensex • CaFE Invest • Commodities • IPO NEWS • Investing Abroad • IPOs • Economy • Tech • Auto • SME • Mobility • Industry • Banking & Finance • Education • Money • Insurance • Income Tax • Mutual Funds • Blockchain • Infrastructure • Railways • Aviation • Roadways • India • Defence • Lifestyle • Travel & Tourism • Health • Science • Healthcare • Brand Wagon • Entertainment • Events • Jobs • Sports • IPL 2023 • Multimedia • Photos • Videos • Audio • Web Stories • Auto Web Stories • Infographics • ePaper • Today’s Paper • From The Print • International • Edits & Columns • Opinion • FE 360 • Politics • Economy • Personal Finance Print • Front Page • FE Insight • Fe@Campus • archive PAN-Aadhaar Linking Last Date June 2023: The last date for linking PAN and Aadhaar is near again. Individuals who have not linked their PAN and Aadhaar till now can do so by paying a large fee of Rs 1000 till June 30. As per the Income Tax rule, it is mandatory to link PAN and Aadhaar. Unlinked PAN will become invalid after June 30. 10 ways to get out of debt before retirement Consequences of not linking PAN and Aadhaar According to the Income Tax Department, the following will be the • Your PAN will become inoperative if it is not linked to your Aadhaar by June 30. You need to pay a fee of Rs 1000 to link PAN and Aadhaar. • If you have an unlinked PAN then pending Income Tax Re...

The Aadhaar Card contains a unique 12-digit number issued to every citizen of India by the Unique Identification Authority of India (UIDAI). This is an identification number that allows access to cardholder data from government databases. Like as biometric data and contact information. In this article you will learn about income tax PAN Aadhaar link Any person residing in India, regardless of age or gender, can voluntarily register and obtain Aadhaar Number. Registration is free. As soon as an individual registers, their data is permanently stored in database. One person cannot have more than one Aadhaar number. If you hold a PAN and are eligible for Aadhaar or already have Aadhaar number, you must notify the Income Tax Authority. To do this, link your PAN to Aadhaar. Without PAN Aadhar linkage, PAN is “inoperable”. Table of Contents • • • • • • • • • • • • • • • • • How Can I Link My Aadhar Card with PAN in Income Tax Portal The Link Aadhaar service is available to individual taxpayers (both registered and unregistered for e-Filing) with valid PAN and Aadhaar numbers with this service. CBDT has extended the deadline for linking Aadhaar to PAN from 31 March 2022 to 31 March 2023. You can link your Aadhar to your PAN until March 31, 2023. A fee of Rs. 500 must be paid by 30 June 2022 and a fee of Rs. 1000 from 1 July 2022. Here are the steps on how to link an Aadhar card with PAN: How Can I Link My Aadhar Card with Pan in Income Tax Portal • Click the link to visit the Inco...

The Income Tax department on Tuesday reminded taxpayers that June 30 is the last day for PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar. Those who attempt to link the documents online after the deadline will be charged Rs 1,000. Not linking Aadhaar with PAN will result in tax being deducted at source (TDS) and tax collected at source (TCS) at a higher rate. It will also make the PAN inoperative, and pending refunds and interest on those refunds will not be issued, the Income Tax department stated. Kind attention PAN holders! As per Income-tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar on or before 30.06.2023. Please link your PAN & Aadhaar today!#PANAadhaarLinking pic.twitter.com/hBxtSgRci8 — Income Tax India (@IncomeTaxIndia) June 13, 2023 Here's how you can link your Aadhaar with PAN: 1.) Open the income tax e-filing portal - https://incometaxindiaefiling.gov.in/ 2.) Register on it (if not already done). Your PAN (Permanent Account Number) will be your user id. 3.) Log in by entering the User ID, password and date of birth. 4.) A pop up window will appear, prompting you to link your PAN with Aadhaar. If not, go to ‘Profile Settings’ on Menu bar and click on ‘Link Aadhaar’. 5.) Details such as name date of birth and gender will already be mentioned as per the PAN details. 6.) Verify the PAN details on screen with the ones mentioned on your Aadhaar. Pl...

Permanent Account Number (PAN) and Aadhaar Card function as crucial identification proofs in India. While Aadhaar is utilised for many other purposes, PAN is primarily used for tax filing. All taxpayers in India must link their PAN and Aadhaar. With effect from July 1, 2017, the Finance Act of 2017 added a new section 139AA to the Income Tax Act of 1961, mandating every individual who is qualified to receive an Aadhaar number to provide the details when applying for a PAN or providing a return of income. The deadline to link PAN with Aadhaar is June 30 this year. Steps to check Aadhar-PAN link status Step 1: Visit the income tax page— Bank fixed deposit interest rates likely to dip; know why Zepto: Meet duo who built a Rs 7000-crore firm in 1 year; know their net worth Step 2: On the landing page, go to “Quick Links” and click on “Link Aadhaar Status”. Step 3: Enter your PAN and Aadhaar number. Step 4: Click on the view link your Aadhaar status. Step 5: You will be able to the current status of your Aadhaar and PAN link. Upon successful confirmation, a notice describing your Link Aadhaar Status will be shown. If it is in progress, then a message informing you of the same will appear on your screen. You can also link your PAN and Aadhaar via SMS by texting the following message to the numbers 567678 or 56161: UIDPAN. What happens if you don’t link PAN and Aadhaar? Failure to link your PAN with your Aadhaar will mean your PAN card will become inoperative from 1 July. You wil...

The federal government had initially set March 31, 2021 as the deadline for linking one's Aadhar card to the PAN card, but this was extended till June 30 to ensure that everyone had enough time to take up the task. While the IT department is still allowing tax payers to file returns without linking Aadhaar and PAN card, however, the federal tax department will not process the returns until PAN and Aadhaar are linked. Also, in case both PAN card and Aadhaar are not linked, you may not be able to open a new bank account or enjoy the benefit of various government schemes like Direct Benefit transfer, pension, scholarships etc. Here’s how you can link your PAN with Aadhaar Card online Before you link your Aadhaar with your PAN card, make sure you have both the documents handy with you. Also ensure that the details like – name, date of birth and gender are the same on both Aadhaar and PAN Card. In case of a discrepancy, you can visit UIDAI’s website to make the necessary changes or visit the nearest Aadhaar centre. Once you've made sure that everything else is in place, then follow the below process for online linking: Step 1 - Visit Link Aadhaar on the Income Tax department’s website - incometaxindiaefiling.gov.in Step 2 - Enter your Pan number; Aadhaar number; Name (exactly how it appears on your Aadhaar card) Step 3 – Complete the image verification as shown on the screen and hit “Link Aadhaar” How to Link Aadhaar with PAN by sending an SMS In case you’re not able to get onl...

The Income Tax department on Tuesday reminded taxpayers that June 30 is the last day for PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar. Those who attempt to link the documents online after the deadline will be charged Rs 1,000. Not linking Aadhaar with PAN will result in tax being deducted at source (TDS) and tax collected at source (TCS) at a higher rate. It will also make the PAN inoperative, and pending refunds and interest on those refunds will not be issued, the Income Tax department stated. Kind attention PAN holders! As per Income-tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar on or before 30.06.2023. Please link your PAN & Aadhaar today!#PANAadhaarLinking pic.twitter.com/hBxtSgRci8 — Income Tax India (@IncomeTaxIndia) June 13, 2023 Here's how you can link your Aadhaar with PAN: 1.) Open the income tax e-filing portal - https://incometaxindiaefiling.gov.in/ 2.) Register on it (if not already done). Your PAN (Permanent Account Number) will be your user id. 3.) Log in by entering the User ID, password and date of birth. 4.) A pop up window will appear, prompting you to link your PAN with Aadhaar. If not, go to ‘Profile Settings’ on Menu bar and click on ‘Link Aadhaar’. 5.) Details such as name date of birth and gender will already be mentioned as per the PAN details. 6.) Verify the PAN details on screen with the ones mentioned on your Aadhaar. Pl...

The Aadhaar Card contains a unique 12-digit number issued to every citizen of India by the Unique Identification Authority of India (UIDAI). This is an identification number that allows access to cardholder data from government databases. Like as biometric data and contact information. In this article you will learn about income tax PAN Aadhaar link Any person residing in India, regardless of age or gender, can voluntarily register and obtain Aadhaar Number. Registration is free. As soon as an individual registers, their data is permanently stored in database. One person cannot have more than one Aadhaar number. If you hold a PAN and are eligible for Aadhaar or already have Aadhaar number, you must notify the Income Tax Authority. To do this, link your PAN to Aadhaar. Without PAN Aadhar linkage, PAN is “inoperable”. Table of Contents • • • • • • • • • • • • • • • • • How Can I Link My Aadhar Card with PAN in Income Tax Portal The Link Aadhaar service is available to individual taxpayers (both registered and unregistered for e-Filing) with valid PAN and Aadhaar numbers with this service. CBDT has extended the deadline for linking Aadhaar to PAN from 31 March 2022 to 31 March 2023. You can link your Aadhar to your PAN until March 31, 2023. A fee of Rs. 500 must be paid by 30 June 2022 and a fee of Rs. 1000 from 1 July 2022. Here are the steps on how to link an Aadhar card with PAN: How Can I Link My Aadhar Card with Pan in Income Tax Portal • Click the link to visit the Inco...

• Home • Karnataka Election 2023 • Budget 2023 • Market • Stock Stats • Top Gainers • Top Losers • Indices • Nifty 50 • Sensex • CaFE Invest • Commodities • IPO NEWS • Investing Abroad • IPOs • Economy • Tech • Auto • SME • Mobility • Industry • Banking & Finance • Education • Money • Insurance • Income Tax • Mutual Funds • Blockchain • Infrastructure • Railways • Aviation • Roadways • India • Defence • Lifestyle • Travel & Tourism • Health • Science • Healthcare • Brand Wagon • Entertainment • Events • Jobs • Sports • IPL 2023 • Multimedia • Photos • Videos • Audio • Web Stories • Auto Web Stories • Infographics • ePaper • Today’s Paper • From The Print • International • Edits & Columns • Opinion • FE 360 • Politics • Economy • Personal Finance Print • Front Page • FE Insight • Fe@Campus • archive PAN-Aadhaar Linking Last Date June 2023: The last date for linking PAN and Aadhaar is near again. Individuals who have not linked their PAN and Aadhaar till now can do so by paying a large fee of Rs 1000 till June 30. As per the Income Tax rule, it is mandatory to link PAN and Aadhaar. Unlinked PAN will become invalid after June 30. 10 ways to get out of debt before retirement Consequences of not linking PAN and Aadhaar According to the Income Tax Department, the following will be the • Your PAN will become inoperative if it is not linked to your Aadhaar by June 30. You need to pay a fee of Rs 1000 to link PAN and Aadhaar. • If you have an unlinked PAN then pending Income Tax Re...