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How to Link PAN with Aadhaar before 31 May 2024

How to Link PAN with Aadhaar before 31 May 2024

Mandatory PAN-Aadhaar Linkage before 31 May 2024

The Indian Income Tax Act of 1961 mandates that every individual holding a PAN card must link it with their Aadhaar card. How to Link PAN with Aadhaar before 31 May 2024, The deadline for this linkage has already passed, and those who have not yet complied will find their PAN card deactivated. However, they can still complete the linkage by paying a penalty fee of INR 1,000. The Income Tax Department has recently alerted taxpayers to complete this process by May 31, 2024.

Consequences of Missing the Deadline

If the PAN-Aadhaar linkage is not completed, taxpayers will face higher tax deductions or payments on transactions made before March 31, 2024. The Income Tax Department has noted that some taxpayers have already received notices due to missed TDS/TCS payments, attributing this to inactive PAN cards. Taxpayers who activate their PAN by May 31, 2024, will not incur any additional penalties.

How to Check PAN-Aadhaar Link Status

The Central Board of Direct Taxes (CBDT) has been advising taxpayers to link their Aadhaar with PAN for some time. Many have already completed this process, but some may be unsure if their linkage was successful. To check the status:

  1. Visit the Income Tax Department’s website.
  2. Click on the “Link Aadhaar Status” option.
  3. If the linkage is complete, a confirmation message will appear. If not, you will need to pay the penalty and complete the linkage.

With the start of the new financial year from April 1, there have been updates in the process of linking your PAN (Permanent Account Number) with Aadhaar. This guide provides a step-by-step process on how to complete the linking procedure, including the new payment requirements.

Visit the Income Tax Department’s Official Website

To link your PAN with Aadhaar, first, navigate to the official Income Tax Department website: incometax.gov.in. You can find a direct link to this page in the video description.

Quick Links Section: Linking PAN with Aadhaar

Once on the website, locate the “Quick Links” section where you will find the “Link Aadhaar” option. Click on this option to start the linking process. However, before proceeding, verify whether you need to link your PAN with Aadhaar. Some individuals might not need to complete this process if they are exempt.

Verify PAN-Aadhaar Linking Requirement

To check if your PAN is already linked with Aadhaar, return to the main page and select the “Link Aadhaar Status” option. Enter your PAN and Aadhaar numbers in the provided fields and click on “View Link Aadhaar Status.” If your PAN is not linked, you will receive a message indicating this, and you can proceed with the linking process.

Payment for Linking PAN with Aadhaar

Currently, linking PAN with Aadhaar requires a payment of ₹1. You must complete this payment online through the provided process.

Steps to Pay the Linking Fee

  1. Select Payment Option: Click on the “Link Aadhaar” option. If the system does not find payment details, it will prompt you to complete the payment process.
  2. Enter Details: Fill in your PAN and Aadhaar numbers. Then, enter your mobile number and click “Continue.” An OTP will be sent to your mobile number for verification.
  3. Verify OTP: Enter the OTP to verify your mobile number and proceed.
  4. Choose Payment Method: Various payment methods will be displayed. Select the “Income Tax” option and click “Proceed.”
  5. Assessment Year Selection: Choose the latest financial year, which is now 2025-26.
  6. Fee Payment Category: Select “Fee for delay in linking PAN with Aadhaar” and continue.

Exemptions from Payment

Certain individuals are exempt from this payment, including:

  • Non-Resident Indians (NRIs)
  • Indian citizens aged 80 years or above
  • Residents of Assam, Meghalaya, and Jammu & Kashmir

If you belong to any of these categories, you are not required to pay the fee or link PAN with Aadhaar.

Completing the Payment

After selecting the appropriate options, the system will calculate the ₹1 fee. Proceed to payment using your preferred method, such as net banking. Confirm all details and complete the transaction.

Final Steps to Link PAN with Aadhaar

Once the payment is confirmed, return to the “Link Aadhaar” option on the Income Tax Department’s website. Enter your PAN and Aadhaar numbers again, verify your details, and click “Validate.” Upon successful validation, your PAN will be linked with Aadhaar.

Important Considerations

  • Assessment Year Selection: Ensure you select the correct assessment year to avoid errors.
  • Payment Modes: Use the provided payment methods for a seamless process.
  • Verification: Double-check all entered details to prevent any discrepancies.

By following these steps, you can efficiently link your PAN with Aadhaar and comply with the latest regulations from the Income Tax Department. This process is crucial for maintaining up-to-date tax records and avoiding any potential issues with your financial documentation.

How to Easily Link PAN with Aadhaar Using Various Payment Methods

With the introduction of the new financial year from April 1, linking your PAN (Permanent Account Number) with Aadhaar has become essential. This guide will walk you through the latest process, including payment options and steps to ensure a successful link.

Payment Methods for Linking PAN with Aadhaar

When linking your PAN with Aadhaar, you need to pay a fee of ₹1. The payment can be made through various methods, including debit cards, RTGS, and NEFT. However, the easiest way is through payment gateways, which offer multiple options and do not require you to have an account with a specific bank.

Using Payment Gateways

  1. Select a Payment Gateway: On the Income Tax Department’s website, choose the “Link Aadhaar” option. If the system prompts you for payment details, select the payment gateway option.
  2. Choose Your Preferred Gateway: You will see several payment gateways. Select one that suits you. You don’t need to have a bank account with the selected gateway.
  3. Proceed with Payment: Choose the bank option within the gateway, click “Continue,” and then “Pay Now.” Agree to the terms and conditions and click “Submit to Bank.”
  4. Payment Options: You will see options like credit cards, debit cards, and UPI. Choose your preferred method and complete the payment.

Download and Save Payment Receipt

After making the payment, a receipt with the BSR code will be generated. Download this receipt and keep it safe for future reference.

Linking PAN with Aadhaar After Payment

  1. Return to the Portal: Go back to the Income Tax Department’s portal.
  2. Select Link Aadhaar: Click on “Link Aadhaar” again.
  3. Enter Details: Input your PAN and Aadhaar numbers, then validate.
  4. Verification: If payment details are not immediately found, they will typically appear within 24 to 48 hours. Once available, the system will display the BSR code from your receipt.
  5. Continue: Click “Continue” after verifying your payment details.

Providing Basic Information

To complete the linking process, you will need to provide some basic information:

  1. Name and Mobile Number: Enter your name as it appears on your Aadhaar card and your mobile number.
  2. Additional Options: If your Aadhaar card only has your birth year, check the corresponding option.
  3. Agree to Terms: Accept the terms and conditions and click “Link Aadhaar.”

OTP Verification

An OTP will be sent to your registered mobile number. Enter the OTP and click “Validate.” Your request to link PAN with Aadhaar will be successfully submitted and sent for verification to UIDAI (Unique Identification Authority of India).

Final Steps and Confirmation

Once UIDAI verifies the data, your PAN will be linked with Aadhaar. You will receive a notification via SMS confirming the successful link.

Checking PAN-Aadhaar Link Status

To check if your PAN is linked with Aadhaar:

  1. Visit Link Aadhaar Status: On the portal, select “Link Aadhaar Status.”
  2. Enter PAN and Aadhaar Numbers: Enter your details to check the status.
  3. Confirmation Message: If linked, you will see a message stating, “Your PAN is already linked to the given Aadhaar.”

Important Notes

  • Non-Residents and Exemptions: Certain individuals, such as NRIs, citizens above 80 years, and residents of Assam, Meghalaya, and Jammu & Kashmir, are exempt from linking PAN with Aadhaar.
  • Inactive PAN: If your PAN is not linked by the specified deadline, it may become inactive.

By following these steps, you can easily link your PAN with Aadhaar and ensure compliance with the latest government regulations. If you need further assistance, you can contact support for help with linking PAN and Aadhaar or filing income tax returns.

Conclusion

Linking your PAN with Aadhaar is a straightforward process if you follow the correct steps and use the available payment methods. Ensure to download and keep your payment receipt safe, and recheck the status to confirm the successful link. This guide aims to simplify the process and help you stay compliant with financial regulations. If you found this article helpful, please like and share it, and feel free to leave a comment or reach out for further assistance.

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