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Aadhaar-PAN linking: How to activate inoperative PAN

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The final day for linking PAN with biometric Aadhaar on paying a late price of ₹1,000 was June 30, 2023. Taxpayers who haven’t linked the 2 by this date won’t be able to avail sure companies associated to earnings tax.

From July 1, 2023, PAN will turn into inoperative for people who’ve did not hyperlink it with Aadhaar and TDS (tax deducted at supply) and TCS (tax collected at supply)  will probably be deducted at a better price.

As per Income-tax Act, 1961, it’s necessary for all PAN holders, who don’t fall underneath the exempt class, to hyperlink their PAN with Aadhaar. 

A taxpayer can activate his/her PAN after fee of the penalty. This course of might be executed on the National Securities Depository Limited (NSDL) portal by paying the quantity underneath Challan No. ITNS 280 with Major head 0021 (Income Tax Other than Companies) and Minor head 500 (Other Receipts).

Although it’s potential to file earnings tax returns (ITRs) with out linking PAN with biometric Aadhaar, however the earnings tax division won’t course of the ITR till the 2 are linked.

On Friday, the earnings tax division stated it can “duly think about” cases where linking of PAN with Aadhaar is yet to happen despite individuals giving their consent and having paid the fee.

In a tweet, the income tax department had said instances have come to notice where PAN holders have faced difficulty in downloading the challan after payment of a fee for Aadhaar-PAN linking.

“In this regard, it is to be informed that the status of challan payment may be checked in the ‘e-pay tax’ tab of the portal after login. If payment is successful, then PAN holder can proceed to link PAN with Aadhaar,” it had stated.

“In instances the place price fee and consent for linking have been obtained, however linking has not been executed until 30.06.2023, such instances will probably be duly thought-about by the Department,” it had stated. 

 

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Updated: 03 Jul 2023, 07:17 PM IST