You can hyperlink your PAN with Aadhaar until June 30 by paying Rs 1,000 late charges. (Photo: News18 Telugu)
For the fee of late charges of Rs 1,000, now you’ll have to choose AY 24-25 and the kind of fee as Other Receipts (500)
Even as the federal government has given extra time to residents to hyperlink their everlasting account quantity or PAN with Aadhaar until June 30, there’s a change within the type that it’s worthwhile to notice. The PAN-Aadhaar linking now attracts a late price of Rs 1,000, and whereas paying this penalty, there may be an possibility to pick the evaluation 12 months (AY). The revenue tax division has up to date the AY possibility right here.
PAN-Aadhaar Linking Update
The revenue tax division has now modified the choice of choosing AY. For the fee of late charges of Rs 1,000, now you’ll have to choose AY 24-25 and the kind of fee as Other Receipts (500). Before the sooner deadline of March 31, 2023, you have been deciding on AY 23-24.
How to Link PAN with Aadhaar
Via Income Tax Department Portal
Step 1: Visit ‘https://www.incometax.gov.in/iec/foportal/’, the e-filing portal of the I-T division.
Step 2: Click on the ‘Link Aadhaar’ possibility underneath the ‘Quick Links’ part of the webpage.
Step 3: This will redirect you to a brand new web page the place the PAN quantity, Aadhaar quantity and different required particulars like your identify have to be entered.
Via SMS
1. Type ‘UIDPAN < 12-digit Aadhaar number > < 10-digit PAN > ’
2. Send this SMS to 56161 or 567678 utilizing your registered cell quantity.
How to Check If Your PAN is Already Linked With Aadhaar
1. View PAN-Aadhaar hyperlink standing with out signing in on www.incometax.gov.in/iec/foportal/
2. On the e-filing portal homepage, go to ‘Quick Links’ and click on on ‘Link Aadhaar Status’.
3. Enter your PAN and Aadhaar Number, and click on on ‘View Link Aadhaar Status’.
On profitable validation, a message will likely be displayed relating to your Link Aadhaar Status.
If the Aadhaar-Pan hyperlink is in progress, then the beneath message will seem on the display screen;
Your Aadhaar-PAN linking request has been despatched to UIDAI for validation. Please test the standing later by clicking on ‘Link Aadhaar Status’ hyperlink on Home Page
If the Aadhaar PAN linking is profitable, then it can show the next message;
You PAN is already linked to given Aadhaar.
If PAN is Not Linked to Aadhaar by June 30, These Services Will Be Stopped:
1) You will be unable to file tax return utilizing the inoperative PAN
2) Pending tax returns is not going to be processed
3) Pending tax refunds can’t be issued to inoperative PANs
4) Pending proceedings as within the case of faulty returns can’t be accomplished as soon as the PAN is inoperative
5) Tax will likely be required to be deducted at a better price as PAN turns into inoperative.
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