Last updated: August 28th, 2024 6:17 PM
Linking PAN with Aadhaar for Income Tax Filing
Linking PAN with Aadhar is considered to be one of the major announcements made by the Income Tax Department in recent times. The Government, under the Finance Act 2017, has made it mandatory for taxpayers to quote Aadhaar or the enrolment ID of Aadhaar application form for filing income tax returns. The Income Tax Department has launched an e-facility to link Aadhaar with Permanent Account Number (PAN). It should be noted by taxpayers that linking of PAN with Aadhar is a mandatory procedure for filing income tax returns.Why should PAN be linked to Aadhaar?
Linking PAN with Aadhar card will become a game-changer for the Income Tax Department and help increase e-filing of income tax returns. Since the Income Tax legislation is voluminous, Income Tax filings are usually a cumbersome process and part of the complexity can be reduced once Aadhaar and PAN are linked. Once the two identities are linked, taxpayers will be relieved of the burden of submitting IT acknowledgement to the Department of Income Tax, as the identity of the filer would be authenticated using the Aadhaar mechanism. As a result, a lot of hassles will be eliminated for the taxpayers and this arrangement will also reduce costs incurred by the Income Tax Department in areas of compliance and execution like receiving the hard copy returns and reconciling it with e-filed returns. Thus, Linking PAN card with Aadhar will make the process simple for both the taxpayer and the Government.Procedure to Link PAN with Aadhaar Card
There is no need to log in or be registered on E-filing website. This facility can be used by anyone to link their Aadhaar with PAN. After responding to grievances of taxpayers regarding difficulties in linking PAN with Aadhaar since their names did not match in both systems (for instance, names with initials in one and expanded initials in another), the Department has come out with a simple solution as part of the 2017 budget.- Taxpayers can go to the Income Tax website and click on the link on the left pane which states
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