A big tax update starts very soon. Specifically, PAN card rules will shift. Initially, the government made sign-up very easy. Now, the simple Aadhaar-only window closes. Consequently, waiting until April brings more work. Therefore, you must act before March 31.

The End of Easy Sign-Ups

Look, the current way is very fast. Notably, you can finish the task today. However, the Ministry of IT is ending this. Actually, from April 1, Aadhaar is not enough. Indeed, you must show extra birth papers. Furthermore, old forms will not be valid. Next, the tax office will launch new forms. Finally, your PAN must match Aadhaar exactly.

New Paperwork Needs

Regarding the biggest change, it affects your birth date. Specifically, the state wants more proof now. Indeed, you will need to bring real papers. For instance, a birth certificate works well. Also, a valid Indian passport is good. Moreover, a driving license is a valid proof. Lastly, your Class 10 certificate remains an option.

Why the Rules Change

Regarding the goal, officials want to stop fraud. Furthermore, matching names prevents tax filing errors. Therefore, the link between IDs is stronger. Consequently, your tax profile is now safer. Ultimately, this protects your money and data. Clearly, these updates make the system more secure.

What You Must Do

While the rules add steps, act fast. Specifically, you have very few days left. Moreover, check your Aadhaar name for errors. Otherwise, you must visit a center. In short, apply before March 31 to save time. Then, your application will be much smoother. Next, I can help you find a portal. Right.

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The deadline for linking PAN with Aadhaar was already set by the Government of India, and this deadline ended on June 30, 2023. After this, PAN cards which were not linked to Aadhaar became inactive and defaulters started being fined.

After the deadline, you will have to pay a fine

Let us tell you that earlier the Government of India had kept the process of linking PAN with Aadhaar absolutely free, but after the last deadline is over, now a fee or fine of Rs 1,000 will have to be paid to link the two documents. Under this policy of 2023, more than 2 crore taxpayers have linked PAN with Aadhaar after the free deadline is over.

In February 2023, Minister of State for Finance Pankaj Chaudhary informed the Parliament that as of January 29, 2024, there were about 11.48 crore PANs which were not yet linked to Aadhaar. Due to this, the government recovered a fine of about Rs 600 crore. Under Section 139AA of the Income Tax Act, 1961, it is mandatory for every taxpayer to link PAN with Aadhaar, otherwise they cannot file income tax returns.

Let us tell you that the Income Tax Department had declared the last date for PAN-Aadhaar linking as March 31, 2022, but it was later extended to June 30, 2023. Those who have not linked Aadhaar and PAN even after July 1, 2023, will have to pay a fine of Rs 1,000 to get it linked.

How to link Aadhaar with PAN

The process of linking PAN to Aadhaar by paying the fine can be done through the e-filing portal of the Income Tax Department. First of all, go to the portal and click on ‘Link Aadhaar’ and enter the PAN and Aadhaar number. After this, make the payment through ‘e-pay tax’ and confirm it by entering the OTP. On completion of the payment, the challan will be generated and PAN-Aadhaar can be linked through the e-filing portal.

How to link PAN and Aadhaar online

• Visit the e-filing portal and click on ‘Link Aadhaar’ from the Quick Links section of the homepage.
• Enter your PAN and Aadhaar number.
• Click on ‘Continue payment through e-Pay Tax’.
• Enter your PAN number and confirm it. You will be sent an OTP on your registered mobile number.
• After OTP verification, e-Pay Tax page will appear on your screen.
• Click on ‘Proceed’ Income Tax button and select the relevant Assessment Year and type of payment (Other Receipts – 500).
• After paying the late fee, Aadhaar can be linked to PAN.
• The status of PAN-Aadhaar linking can be checked by clicking on ‘Aadhaar Status’ available on the homepage of the e-filing portal.

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From July 1, 2023, PAN will become inactive for those who have failed to link it with Aadhaar. TDS (tax deducted at source) and TCS (tax collected at source) of these people will be deducted at a higher rate. As per the Income Tax Act 1961, it is mandatory for all PAN holders who do not fall in the exempted category to link their PAN with Aadhaar.

This is how PAN can be activated

After paying the penalty, the taxpayer can activate his PAN. This process can be done on the National Securities Depository Limited (NSDL) portal by paying the amount under challan number ITNS 280 with Major Head 0021 and Minor Head 500 (Other Receipts).

ITRs will not be processed without linking

While it is possible to file Income Tax Returns (ITRs) without linking PAN to biometric Aadhaar, the Income Tax Department will not process ITRs unless the two are linked. On Friday, the Income Tax Department said it would duly consider cases where PAN could not be linked with Aadhaar despite individuals giving consent and paying fees.

In a tweet, the Income Tax Department had said that there have been cases where PAN holders have faced difficulty in downloading challans after payment of fee for Aadhaar-PAN linking. It was said by the department “In this regard, it is informed that the challan payment status can be checked in the ‘e-pay tax’ tab of the portal after login. If the payment is successful, the PAN holder can proceed to link PAN with Aadhaar.

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But, according to the new instructions, some consumers have been exempted from linking PAN Aadhaar. In such a situation, it is important for you to know whether you also come under this exemption or not.

According to CBDT, the last date for linking Aadhaar PAN has been extended to 30 June 2023, which was earlier 31 March 2023. The Central Board of Direct Taxes has definitely given 3 months time to PAN users to link it with Aadhaar, but users should not only wait for the deadline, but should get rid of it by linking PAN Aadhaar now.

PAN will be activated on depositing Aadhaar link fee

The Central Board of Direct Taxes has said that if a user’s PAN becomes inactive, he will have to pay a fine of Rs 1,000 for linking it with Aadhaar. The PAN will be reactivated in 30 days on reporting Aadhaar to the prescribed authority after payment of a fee of Rs 1,000.

CBDT has exempted some people from linking PAN Aadhaar. These include residents of the states of Assam, Jammu and Kashmir and Meghalaya as well as other types of members. However, people falling in the exempted category can voluntarily link PAN and Aadhaar.

Aadhaar-PAN linking exempted for these people

• The requirement of linking Aadhaar with PAN does not apply to four categories of users-
• 1) Residents of the states of Assam, Jammu & Kashmir and Meghalaya.
• 2) Non Resident Indian (NRI) as per Income Tax Act 1961.
• 3) Any person who was of the age of 80 years or more at any time during the previous year.
• 4) Persons who are not citizens of India.
• Those who fall in any of the above categories are not required to link their PAN with their Aadhaar till the deadline.

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Last year, a late fine of Rs 500 was imposed from April 1, which was later increased to Rs 1,000 from July 1. Apart from this, PAN will become inactive if it is not linked with Aadhaar before June 30 this year. If the PAN card becomes inactive then all the financial work will stop.

Given enough time

During a press conference on Thursday, the Union Finance Minister said that PAN card should have been linked with Aadhaar. A lot of time has already been given by the government to do this work. He said that if this deadline expires, the amount of the fine will increase. According to a Finance Ministry statement issued on March 28, anyone having a PAN will have to link it with Aadhaar or face consequences, which include TDS and TCS deductions.

Link will have to be done by June 30

According to the statement, under the provisions of the Income Tax Act, 1961 (‘Act’), every person who has been allotted PAN as on July 1, 2017 and is eligible to obtain an Aadhaar number, is required to link his Aadhaar. Earlier the date of linking it was 31 March 2023. PAN could be linked to Aadhaar with a fine of Rs 1,000. Now its date has been extended again. Now PAN can be linked with Aadhaar till June 30. If taxpayers do not link their Aadhaar before July 1, 2023, then the PAN card will become inactive.

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Earlier its deadline was ending on March 31, 2023. Now in today’s latest update, this deadline (aadhaar pan linking deadline) has been increased to June 30, 2023. However, the condition of penalty is applicable for this period also. You will have to pay a fine of Rs 1,000 for linking PAN-Aadhaar. But there are some people in the country who do not need to link PAN-Aadhaar card at all. Whether the deadline increases or not, they should not worry at all.

Who does not need to link PAN-Aadhaar card

According to section 139AA of the Income Tax Act, every person in the country who was allotted a Permanent Account Number i.e. PAN on July 1, 2017 and who is also eligible to get an Aadhaar number, is required to link Aadhaar card with PAN card. Will give information about Aadhaar number. In other words, such persons will have to mandatorily link their Aadhaar and PAN with late fee payment by 30.06.2023. But there are some people who are exempted from this requirement.

Aadhaar-PAN linking is not required for those who:

live in Assam, Jammu and Kashmir and Meghalaya;
is a non-resident as per the Income Tax Act, 1961;
has been of the age of eighty years or more at any time during the previous year; or
are not citizens of India.

What will happen if Aadhaar is not linked?

According to the Income Tax Act, 1961, those PAN cardholders who do not come under the exemption category, if they do not link their PAN with Aadhaar by June 30, 2023, their PAN card will become inactive from April 1, 2023.

(i) He will not be able to file ITR using his inactive PAN.

(ii) Pending returns cannot be processed.

(iii) Refunds which are also pending will not be issued on this PAN. Pending processing cannot be completed once the PAN becomes inactive.

(iv) If PAN has become inactive then tax will also be deducted at higher rate.

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The linking process was completely free before March 31, 2022. After this, many people also had to pay a fine of Rs 1000 for linking PAN number with Aadhaar. Then the government had extended the PAN-Aadhaar linking deadline till March 31, 2023, but kept the rule of Rs 1000 fine in force.

In such a situation, officials of the Income Tax Department said that the government may extend the deadline for linking PAN-Aadhaar by a few more months and the Income Tax Department may soon issue a notification for this. The decision to provide more time to taxpayers to link PAN with Aadhaar comes just before the current deadline expires on March 31, 2023.

1000 rupees penalty will have to be given

According to the Income Tax Department, all PAN holders who do not fall under the tax exemption category as per the May 2017 notification must link their PAN with Aadhaar, failing which your PAN will become inactive. The Income Tax Department in a tweet last month said that PAN can be linked with a valid Aadhaar after paying a fee of Rs 1000 at http://www.incometax.gov.in.

The government had increased the penalty by 9 months

The deadline for Aadhaar-PAN linking has been extended several times for earlier individuals. The linking process was free before March 31, 2022. A fee of Rs 500 was imposed from April 1, 2022 and was later increased to Rs 1,000 from July 1, 2022. Let us tell you that this time again the government can give relief to the common people by extending the deadline for Aadhaar-PAN linking.

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