Pan Card stands for Permanent Account Number with a 10-digit Alphanumeric Number, which is issued by the Income Tax Department to a person or department. Whoever applies for it or whomever the department allots the number to without an application It is used to enable the transactions, which include tax payments, TDS/TCS credits, returns of income, wealth, gifts, FBT, or any specified transactions, among others.
PAN is used to identify the person or department to the tax department about the transactions, which include various documents such as payment of taxes, assessments, tax demands, tax arrears, etc. Whereas the PAN Typical is “AFZPK7190K”, where “AFZ” stands for PAN Alphabetic Series from AAA to ZZZ and “P” stands for PAN, ‘F” for Firm, “C” for Company, “H” for HUF, “A” for AOP, and “T” for Trust. Further, the “7190’ numerical value could be a sequential number from 0001 to 9999, and the “K” stands for the PAN alphabetic check digit.
Why is it necessary to link PAN with AADHAAR?
e-Verify your return using Aadhaar OTP, Net Banking, a pre-validated bank account, and a pre-validated demat account.
The Pan Without Aadhar Card will become inoperative after March 31st, 2020. This means it is mandatory to link an Aadhar card with a PAN for everyone living in India. According to government regulations, the Supreme Court of India verdicts on the constitutional validity of the aadhaar. It is a must to file income tax returns (ITR) for a new PAN card.
HOW TO LINK PAN WITH AADHAAR ONLINE, SMS SERVICE, e-Filing, AND OFFLINE
HOW TO LINK PAN WITH AADHAAR ONLINE: Yes! You can link your PAN card with Aadhaar online with a few simple steps to follow. If you didn’t enroll in Aadhaar, then your PAN wouldn’t be operational anymore.
- Open Offical Income Tax Department Website
- Click on Link Aadaar under the Quick Link Section.
- Then, it will redirect you to a form. Where you need to fill out your provided PAN and Aadaar number along with your name mentioned as per Aadhar.
- After filing the details, you need to check “I Agree to Validate My Aadaar Details With UIDAI.”
- Enter the Captcha Code and click on “Link Aadaar,” placed at the bottom of the page. (Even though it has an option for OTP for visually challenged users.
- Once submitted, you will get a confirmation pop-up on your screen. Likely,
- The Aadhar OTP will be sent to your registered mobile number, in case the details do not match with your PAN card, and for confirmation.
- In case you didn’t know about your Aadaar Card, you can check it by heading over to “To View Status if You Already Submitted Link Aadhaar Status,” placed at the top of the page, using your PAN and Aadaar Number.
HOW TO LINK PAN WITH AADHAAR VIA INCOME TAX E-FILING PORTAL
However, all you have to do is log in to the e-Filing Portal, then simply open the “Link Aadaar” option under “Profile Settings.” If you have already filed your tax return (ITR), then your PAN is already linked to Aadaar.
HOW TO LINK PAN WITH AADHAAR VIA SMS
Furthermore, we are known in India that everyone isn’t friendly with online. So, here, you can also link your Aadhaar card by sending an SMS. All you have to do is type a message to 567678 or 56716: UIDPAN<SPACE><12 Digit Aadaar Number (UID) ><SPACE><10 Digit PAN>.
UIDPAN<space><12-digit Aadhaar><space><10-digit PAN>
For example, UIDPAN 444555666777 BBBCA3333J
Additionally, you can also link PAN WITH AADHAAR offline from the PAN Service Provide Centre, NSDL, or UTIITSL and fill out the ‘Annexure-I’ form by providing the Aadaar Card. Not to mention, it will take such a fee due to document parcels sent to the PAN Head Office for your regional area. You can check your updated status for the Aadaar PAN Link from the Income Tax Department’s website.