PAN-Aadhaar linking last date: Is it true that if your PAN is not linked with Aadhaar by December 31, 2024? There are numerous reports online suggesting that if PAN is not linked with Aadhaar by December 31, 2024, then PAN will become deactivated

Aadhaar PAN linking deadline: Will PAN become inoperative if you don't link it with Aadhaar by December 31, 2024? Know the correct last date and how to link PAN with Aadhaar

There have been numerous reports circulating online regarding the deadline for linking PAN with Aadhaar, which is set for December 31, 2024. According to the news reports, if the PAN is not linked to Aadhaar by this date, the government may deactivate it.

However, according to tax experts, this is false news. Chartered Accountant Naveen Wadhwa, Vice President of Research and Advisory at Taxmann.com, says, “The last date to link PAN with Aadhaar expired on March 31, 2022, as per the March 2022 CBDT circular. If the PAN is not linked with Aadhaar by March 31, 2022, then from April 1, 2022, the PAN is already inoperative. However, the consequences of not linking PAN with Aadhaar came into effect from July 1, 2023, as specified in order F. no. 370142/14/2022-TPL, dated 01-04-2023, along with Rule 114AAA. Hence, if your PAN is not linked with Aadhaar on July 1, 2023, then your PAN is inoperative. However, taxpayers with an inoperative PAN can still link it to Aadhaar by paying a penalty.”

Concurring the view, Abhishek Soni, CEO, Tax2Win.in - an ITR filing website, says, “The CBDT circular in March 2023 has clarified that if the PAN is not linked with Aadhaar by June 30, 2023, then from July 1, 2023, the PAN will become inoperative. However, the current income tax laws allow an individual to make the PAN operative again by paying a penalty under Section 234H of Rs. 1000.”

How to link PAN with Aadhaar
If you haven’t linked your PAN with Aadhaar till now, your PAN is now considered inoperative. This means you won't be able to use your inoperative PAN in situations where it’s necessary to provide one. For example, quoting your PAN is mandatory when opening bank accounts, investing in fixed deposits, or engaging in mutual funds, among other activities.

Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By - Metla Sudha Sekhar, IT Specialist and Developer
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
By - Metla Sudha Sekhar, IT Specialist and Developer
Office Productivity
Advanced Excel Course - Financial Calculations & Excel Made Easy
By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant
Artificial Intelligence(AI)
ChatGPT Mastery from Zero to Hero: The Complete AI Course
By - Metla Sudha Sekhar, IT Specialist and Developer
Finance
Financial Literacy for Non-Finance Executives
By - CA Raja, Chartered Accountant | Financial Management Educator | Former AVP - Credit, SBI
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, IT Specialist and Developer
Marketing
Modern Marketing Masterclass by Seth Godin
By - Seth Godin, Former dot com Business Executive and Best Selling Author
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Intermediate Java Mastery: Method, Collections, and Beyond
By - Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Intermediate C++ Skills: Master Pointers, Structures and File Stream
By - Metla Sudha Sekhar, IT Specialist and Developer
Astrology
Vastu Shastra Course
By - Sachenkumar Rai, Vastu Shashtri
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By - Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills
By - Metla Sudha Sekhar, IT Specialist and Developer
Marketing
Future of Marketing & Branding Masterclass
By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Java 21 Essentials for Beginners: Build Strong Programming Foundations
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Django & PostgreSQL Mastery: Build Professional Web Applications
By - Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI
Artificial Intelligence(AI)
AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence
By - Ritesh Vajariya, Generative AI Expert
Strategy
Succession Planning Masterclass
By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.
Web Development
Advanced C++ Mastery: OOPs and Template Techniques
By - Metla Sudha Sekhar, IT Specialist and Developer
Finance
A2Z Of Finance: Finance Beginner Course
By - elearnmarkets, Financial Education by StockEdge

To link your inoperative PAN with Aadhaar, a taxpayer must first pay a penalty of Rs 1,000 as specified under Section 234H of the Income Tax Act, 1961.

Here is a step-by-step guide for linking PAN with Aadhaar by paying a penalty.
Step 1: Go to incometax.gov.in and select the ‘Link Aadhaar’ under the Quick Links option.

Step 2: A new webpage will open, asking you to enter your PAN and Aadhaar number. A pop-up will open on your screen asking you to pay the penalty through ‘E-pay tax’. Remember, once the penalty amount is paid, it will take 4-5 days to submit a PAN-Aadhaar linking request.

Step 3: Click on ‘Continue to pay through E-pay tax’. You will be asked to enter your PAN and mobile number on the new webpage. Click on Continue. An OTP will be sent to your mobile number. Enter the OTP to proceed further.

Step 4: You will be redirected to the e-Pay Tax page. Select the ‘Income tax’ option and click on Proceed. Enter the details, such as assessment year 2025-26 and Type of Payment (Minor Head) as Other receipts (500). Select the sub-type of payment - Fee for delay in linking PAN with Aadhaar. Click on Continue.

Step 5: Check the payment and click on continue to make the payment. Once the payment is made, an individual can submit the request to link PAN with Aadhaar after 4-5 days.

Step 6: Go to incometax.gov.in and select ‘Link Aadhaar’ option under Quick Links option.

Step 7: Enter your PAN and Aadhaar details and click on Validate.

Step 8: A new webpage will open asking you to enter Name and mobile number. Once the details are entered, click on ‘Link Aadhaar’.

Step 9: Enter the OTP sent to your registered mobile number and click on Validate.Once done, the request for PAN-Aadhaar linking will be sent to the UIDAI for validation.

A taxpayer should check the status of PAN-Aadhaar linking later.

This story originally appeared on: India Times - Author:Faqs of Insurances