As per the ruling of The Honourable Supreme Court of India, PAN Aadhaar link has become mandatory for all Indian taxpayers. This decision was a part of the verdict about the constitutional legality of Aadhaar, its usage in ITR and other verification purposes. The Supreme court, in its verdict, said that filling the Aadhaar number is mandatory while filing income tax returns. Thus, it has become crucial to do PAN card link to Aadhaar in addition to Aadhaar card link with mobile number. Nowadays, the Aadhaar number is required while applying for a new PAN card itself.
According to the notification by CBDT (Central Board of Direct Taxes), dated 30th December 2019, the final date for PAN Aadhaar link was extended by three months, i.e. till 31st March 2020. Thus, every Indian taxpayer has to link PAN with Aadhaar. If any individual fails to do a PAN Aadhaar link, their PAN number will stop being operational from 1st April 2020.
Through the notification dated 13th February 2020, the Government of India has clarified what would happen next when the PAN is deemed non-operational. As per the notification, the PAN card of those taxpayers, who link Aadhaar with PAN after 31st March 2020, would become operational from the day the taxpayer does the Aadhaar card link.
Also, from 1st April 2019, it is mandatory to link Aadhaar to ITR as well as provide the Aadhaar number while filing the ITR, unless exempted. Henceforth, a taxpayer cannot file their income tax returns without doing a PAN Aadhaar link.
While there are other ways to link mobile number to Aadhaar card online, to understand how to do a PAN Aadhaar link online, read the two ways outlined below:
If an individual is not able to link Aadhaar and PAN on the e-filing portal of the Income Tax Department, then they can use the additional ways of linking Aadhaar and PAN. In a notification dated 29th June 2017, the Central Board of Direct Taxes has mentioned additional methods of linking Aadhaar and PAN apart from the online method
Now an individual can link Aadhaar and PAN by sending an SMS to NSDL e-Governance Infrastructure Limited or UTIITSL (UTI Infrastructure Technology And Services Limited) by following the below steps:
With the help of the simple steps mentioned above, you can link your Aadhar and PAN numbers online with the Income Tax Department e-filing portal. Remember, Aadhaar and PAN numbers must be linked with the Income Tax Department to file the income tax returns form and to claim for income tax refunds successfully.
For any organisation, it's essential to have a good employee onboarding process. It's a process…
In today's fast-paced business world, the role of Human Resources (HR) has become more critical…
Introduction Providing professional development opportunities to employees can significantly impact their productivity and performance at…
ATS stands for "Applicant Tracking System." It is a computer program designed to help companies…
Hiring is among the most challenging activities for HR managers. They need to battle a…
The EPF or Employee Provident Fund plays a vital role in the financial life of…