PAN- Aadhar link news: The Income Department has notified that the Permanent Account Number (PAN) will be invalid or inoperative if not linked with the Aadhar card or if the PAN-Aadhar linking is not done. The deadline for linking of PAN and Aadhar has been extended several times and the current deadline ends on 31 March 2020 Till 27 January 2020, over 30.75 crore PANs have already been linked to Aadhaar.
Till January 27, 2020, over 30.75 crore PANs have already been linked to Aadhaar. However, 17.58 crore PANs are yet to be linked with the 12-digit biometric ID.
If a person has been alloted permanent account number as on July 1, 2017 and is required to intimate his Aadhaar number under sub-section (2) of section 139AA, has failed to intimate the same on or before March 31, 2020,
”As per the Central Board of Direct Taxes (CBDT), the permanent account number of such person shall become inoperative immediately after the said date for the purposes of furnishing, intimating or quoting under the Act.
Through a notification, the CBDT amended Income Tax rules and inserted Rule 114AAA, stipulating the “manner of making permanent account number inoperative”. The notification further said that persons whose PANs become inoperative shall be liable for all the consequences under the I-T Act for not furnishing, intimating or quoting the permanent account number.
If an Individual links his/her PAN with Aadhaar after March 31, 2020, the I-T department said it shall “become operative from the date of intimation of Aadhaar number”. As per the Section 139 AA (2) of the Income Tax Act says that every person having PAN as on July 1, 2017, and eligible to obtain Aadhaar, must intimate his Aadhaar number to the tax authorities. Aadhaar is issued by the Unique Identification Authority of India, or UIDAI, to a resident of India and PAN is a 10-digit alphanumeric number allotted by the income tax department to a person, firm or entity.
Here’s how to do PAN-Aadhar Linking on Income tax’s website:
Step 1: Visit the Income Tax Department e-filing portal – incometaxindiaefiling.gov.in
Step 2: Go to ‘Link Aadhaar’ option on the left side of the homepage
Step 3: Enter your PAN and Aadhaar number and your name as per AADHAAR
Step 4: Mark ‘I have the only year of birth in Aadhar card,’ if you have only the birth year on the Aadhaar
Step 5: Mark ‘I agree to validate my Aadhar details with UIDAI,’ if you agree to do so
Step 6: Enter the captcha code on your screen
Step 7: Click on ‘Link Aadhaar’ option to request linking of PAN and Aadhaar
