Business

PAN-Aadhaar Link: Deadline extended to December 31 by CBDT

According to a notification dated September 28, 2019, The Ministry of Finance, announced that the PAN with Aadhaar link deadline has been extended to December 31, 2019, granted another 3 months extension. The deadline was earlier on September 30, 2019. This marks the seventh time the government has extended the deadline for the 10-digit PAN card to link with 12-digit Aadhaar which serves as a Unique Identity Number. The last extension was in March this year.

As per the recent amendment by the Finance (No. 2) Act, 2019, if a taxpayer fails to link his PAN with Aadhaar number by the due date then, the PAN shall be deemed to be inoperative because of which the taxpayer will be unable to quote his PAN. The taxpayer would be unable to conduct financial or business transactions where quoting of PAN is mandatory.

However, CBDT (The Central Board of Direct Taxes) has not yet notified the manner in which PAN will become inoperative if not linked with Aadhaar by the deadline.

PAN is allotted by the IT Department to a person, firm or entity where Aadhaar is issued by Unique Identification Authority of India (UIDAI).

Here are the steps as to how the PAN and Aadhaar can be linked:

Step 1: Open the Income Tax Department e-filing portal. Log in into your account or create if you don’t have.

Step 2: Click on profile settings and go to PAN-Aadhaar linking option.

Step 3: Fill your 10-digit alphanumeric PAN and 12-digit UIDAI-issued Aadhaar number

Step 4: Fill your ‘Name as per AADHAAR’ category

Step 5: If you have only the birth year on the Aadhaar, then mark ‘I have the only year of birth in Aadhar card.

(There should be no mismatch of name, gender and date of birth)

Step 6: Tick on ‘I agree to validate my Aadhar details with UIDAI,’ if you agree

Step 8: Enter the captcha code.

Step 9: Tap on ‘Link Aadhaar’ option to request linking of PAN and Aadhaar

Step 10: You will receive a message on your screen displaying ‘your Aadhaar has been successfully linked to PAN if details are accurately filled up.

Around 6.77 crores of 8.47 crore individual registered users have linked their Aadhaar with PAN, as per the e-filing website of the I-T department.

Bhumika

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