How to Link PAN Card with Aadhaar Card? _{Last Updated : 16 Oct 2019}

News About linking PAN With Aadhaar Card

• Deadline to link PAN with Aadhaar extended till December 1

  The ministry of Finance announced that the last date of linking of PAN with Aadhaar has been extended from September 30, 2019 to December 1, 2019.

  The news will come as a huge relief for those who are yet to link their PAN with their Aadhaar.

  The Central Board of Direct Taxes (CBDT) decided to extend the last date of linking the PAN to Aadhaar. However, if the individual fails to link their PAN with Aadhaar by December 1, then the PAN will become inoperative and the PAN card holder will not be able to quote his/her PAN whenever required. Unfortunately, there is no method yet deployed by CBDT which can convert an inoperative PAN card to an operational one. Hence, in order to ensure that the taxpayer faces no inconvenience, the finl date has been extended.

  

  1 October 2019

• Aadhaar-PAN Linking Deadline Extended to December 31

  The deadline to link Aadhaar with PAN has been extended to December 31, 2019 according to a notification issued by the Ministry of Finance. The previous deadline was September 30, 2019.

  The extension will enable individuals who have not linked their PAN and Aadhaar yet, as all PAN cards not linked stand to become inoperative. This renders the PAN unusable since it cannot be submitted or quoted for any purpose.

  The Central Board of Direct Taxes (CBDT) has not released the date that unlinked PAN cards will become inoperable by, but has urged all individuals to link the two documents at the earliest.

  

  30 September 2019

• Aadhaar-PAN interchangeability can be implemented for cash transactions above Rs.50,000, among other tasks.

  In the recent changes mentioned between the Aadhaar card and the PAN card during the Union Budget 2019, the interchangeability option of these two cards can be done for several tasks. These tasks, which previously were allowed only with the authentication of PAN, will not be functional with your Aadhaar as well.

  Some of these tasks where the interchangeability of PAN and Aadhaar card can be done is for transactions above Rs.50,000 along with buying property which is worth more than Rs.10 lakh. These transactions required a PAN card for authentication but can be done with the Aadhaar card as well.

  Other tasks which can be done with the Aadhaar card for the citizens who do not hold a PAN card are, the purchase and sale of a car, applying for a Demat account, applying for a debit or a credit card.

  In the budget, the Finance Minister also mentioned that an Aadhaar card will be issued to NRI citizens who hold an Indian passport. The card will be issued to them when they enter the country and they will not be required to go through the regular waiting period of 180 days (6 months).

  

  22 July 2019

• As IT return deadline closes in, only 56% have linked their PAN to Aadhaar

  As per the ITD (Income Tax Department), only a mere 56% have linked their PAN to Aadhaar. Out of around 45 crore PANs issued, only around 25 crore have been linked to Aadhaar. The mandate to link these documents was issued by the supreme court, and only 56% of PAN card holders have done so as on March 31, 2019. The last date for linking this has been extended several times by the government and is currently been extended to September 30, 2019. Although there has been an extension in the date, people filing their Income Tax Returns (ITR) must link their PAN card to Aadhaar by July 31, 2019, as they will have to quote their Aadhaar number to file the return.

  

  20 June 2019

• PAN to be deemed invalid if not linked to Aadhaar by September 30

  The central government has notified its citizens that their PAN will become invalid if it hasn’t been linked to Aadhaar by September 30, 2019. This notification was released on March 21, 2019.

  All tax payers who were holding a PAN as on July 1, 2017 will have to get their two identity cards linked to each other.

  The deadline was extended from March 31, 2019 as there was no clarity on whether or not PAN cards would be inactive if not linked.

  Section 139AA of the Income Tax Act states that all PAN holders as on July 2017 will have to link their PAN to Aadhaar. The deadline for this has been extended, via a formal notification, to September 30, 2019.

  

  12 April 2019

• Individuals Face Iitials Hurdle When Looking to Link PAN-Aadhaar

  With the last date for linking PAN and Aadhaar fast approaching, tens of thousands of people may not be able to file their income tax returns for the coming financial year. This is because many individuals are facing the initials hurdle when looking to link PAN with Aadhaar. An official of the Income Tax Department has stated that a large number of people in the country especially south India are not being able to link PAN with Aadhaar.

  The problem emerges because both PAN and Aadhaar use separate software systems and are at different levels of sophistication. Unlike PAN which is based on an old system, Aadhaar allows the use of initials in the name of the individual.

  With the PAN software being at least 30 years old, and the department having no plans to upgrade the systems in order to allow abbreviations, there is only one solution in sight. The officials of the Income Tax Department have already asked the individuals facing the issue to change their names on the Aadhaar card to what is reflected on the PAN card. This will ensure that both the documents can be linked.

  

  3 April 2019

• Link PAN With Aadhaar Before March 31

  The Permanent Account Number (PAN) issued by the Income Tax Department under the supervision of the Central Board of Direct Taxes (CBDT) is one the most important documents that an individual possesses. The 10-digit alphanumeric code helps bring a universal identification to all the financial transactions and prevent tax evasion. The PAN card serves as an important ID proof for the individual. With the country’s apex court i.e., Supreme Court of India making the linking of PAN and Aadhaar mandatory, you need complete it before March 31. Failure to do so may result in the PAN card becoming invalid. The government had closed or put as many as 11.44 lakh PAN cards in the inactive category last year for not linking it with the Aadhaar number. The same could be done this year as well if individuals fail to link PAN and Aadhaar before the deadline ends. It is noteworthy to mention here that the Income Tax Department has started to issue e-refunds from March 1 in the bank accounts of only those individuals who have linked their respective bank accounts with the PAN. To receive the e-refunds, individuals need to validate the bank account with the Income Tax department e-filing portal.

  

  19 March 2019

• Link PAN with Aadhaar to avoid cancellation of PAN

  Are you still waiting to link PAN with Aadhaar? If yes, then you must do it before March 31. In case, you fail to carry out the linking before the mentioned date, the PAN card that you possess may be of no use anymore.  

  Yes, that’s true because as per the order given by the country’s apex court i.e., Supreme Court of India, the linking of PAN and Aadhaar needs to be carried out mandatorily before the due date. Given this fact, the government has asked everyone to carry out the linking before 31 March 2019. It needs to be mentioned here that cancellation of PAN will mean that you can’t file income tax returns.  

  Sushil Chandra, the former Chairman of Central Board of Direct Taxes (CBDT) had earlier stated that failure to link PAN and Aadhaar before the deadline could result in cancellation of PAN. He had said that linking of PAN with Aadhaar will help the Income Tax department in identifying duplicate PAN cards which many individuals nowadays possess. 

  It needs to be mentioned here that the Supreme Court of India in September last year declared the Aadhaar scheme as being constitutionally valid. In the order, the apex court had made the Aadhaar document mandatory for filing I-T returns and issuance of PAN card. 

  

  12 March 2019

• SC says linkage of PAN with Aadhaar mandatory for filing IT returns

  A Supreme Court bench which comprised of Justices A K Sikri and S Abdul Nazeer has said that linking PAN with Aadhaar is mandatory for filing Income Tax (IT) returns. The decision of the court came after an appeal was filed by the central government against an order by the Delhi High Court that allowed two people to file IT returns for 2018-19 without linking their PAN with Aadhaar.

  The bench in its verdict stated that the aforementioned order was passed by the High Court after having taken regard to the fact that the matter was pending consideration in this court. The judges added that after hearing the matter, it had decided to uphold section 139AA of the Income Tax Act which makes the linking of PAN with Aadhaar mandatory.

  It needs to be mentioned here that the apex court of the country on September 26 had declared that the central government’s flagship Aadhaar scheme was constitutionally valid. However, it had struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions.

  

  15 October 2018

• Reasons Why Supreme Court Endorsed Linking Of PAN With Aadhaar

  On Wednesday, when the country’s apex court i.e., Supreme Court of India pronounced its verdict on the Aadhaar Act, it had confirmed the linking of the 10-digit PAN with the 12-digit Aadhaar number. Here, we take a look at the reasons why the court found merit in the various arguments regarding the linking of PAN and Aadhaar.

  •Removal of fake PANs from the system - The first reason was the need to weed out fake PANs from the system. As per a report of the Central Board of Direct Taxes (CBDT), in India, there are as many as 10.52 lakh fake or duplicate PANs. The Supreme court acknowledged that linking of PAN with Aadhaar will ensure that the fake and duplicate PANs are rooted out.

  •Verification of documents - The linking of Aadhaar with PAN will ensure that hundred per cent seamless verification of data that is entered in the PAN application form is carried out. This is necessary as currently verification of data or original documents is carried out in only 0.2% cases.

  •Tax compliance - The Supreme court took note of the fact that individuals do not quote their PAN when high-value transactions are carried out more so when it involves the sale and purchase of the property. The linking of PAN with Aadhaar will ensure that such transactions cannot be concealed from the tax authorities.

  

  15 October 2018