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March 30, 2023
All about Link your Aadhar with PAN to file ITR
Introduction
The Government of India has made it mandatory for taxpayers to link their Aadhaar card with their PAN (Permanent Account Number) to file their Income Tax Return (ITR). The process of linking Aadhaar with PAN is simple and can be done online through the Income Tax Department’s e-filing portal. In this article, we will discuss the importance of linking Aadhaar with PAN and how to do it.
Importance of linking Aadhaar with PAN (Permanent Account Number)
Linking Aadhaar with PAN has become essential for taxpayers who wish to file their Income Tax Returns. The Indian government has extended the due date to link a PAN (Permanent Account Number) with an Aadhaar card to June 30, 2023. This extension has provided taxpayers with more time to complete the linking process The primary reason for this is that the government aims to prevent tax evasion and curb black money. By linking Aadhaar with PAN, the government can track individuals’ financial transactions, making it easier to identify cases of tax evasion.
Additionally, linking Aadhaar with PAN has several other benefits. It simplifies the process of filing an Income Tax Return and reduces the likelihood of errors or discrepancies in the tax return. It also speeds up the refund process as the Income Tax Department can easily verify the details of the taxpayer.
How to link Aadhaar with PAN?
Linking Aadhaar with PAN is a straightforward process that can be done in a few simple steps:
Step 1: Go to the Income Tax Department’s e-filing portal at www.incometaxindiaefiling.gov.in.
Step 2: Click on the ‘Link Aadhaar’ option under the ‘Quick Links’ section on the left-hand side of the home page.
Step 3: Enter your PAN, Aadhaar number, name as per Aadhaar, and the captcha code.
Step 4: Click on the ‘Link Aadhaar’ button.
Once you have completed these steps, a message will be displayed confirming the successful linking of your Aadhaar with your PAN.
If you face any difficulties in linking your Aadhaar with your PAN, you can contact the Income Tax Department’s helpline at 1800-180-1961.
Frequently Asked Questions (FAQs) on linking Aadhaar with PAN:
1. Can I file my income tax returns without linking my Aadhaar with my PAN?
No, as per the Income Tax Act, it is mandatory for individuals to link their Aadhaar with their PAN to file income tax returns. If you fail to link your Aadhaar with your PAN, you will not be able to file your income tax returns.
2. How do I link my Aadhaar with my PAN?
You can link your Aadhaar with your PAN online by visiting the Income Tax e-Filing website. You will need to provide your Aadhaar number and PAN number to complete the linking process.
3. What happens if I don’t link my Aadhaar with my PAN?
If you don’t link your Aadhaar with your PAN, you will not be able to file your income tax returns. Additionally, if you fail to link your Aadhaar with your PAN before the deadline, your PAN may become invalid.
4. Is it safe to link my Aadhaar with my PAN online?
Yes, it is safe to link your Aadhaar with your PAN online. The Income Tax Department uses secure encryption methods to ensure that your personal information is protected.
5. Can I link multiple Aadhaar cards with a single PAN?
No, you cannot link multiple Aadhaar cards with a single PAN. Each individual can link only one Aadhaar card with their PAN.
6. What is the deadline to link Aadhaar with PAN?
The due date to link Aadhaar with PAN has been extended to June 30, 2023, as of the current date. However, it is always best to link your Aadhaar with your PAN as soon as possible to avoid any last-minute rush.
Conclusion
In conclusion, linking your Aadhaar with your PAN is an essential requirement to file your income tax returns (ITR) in India. The government has made it mandatory to link both documents to prevent fraudulent practices and streamline the taxation process. Linking Aadhaar with PAN makes the process of filing ITR easier and faster. It also enables the government to keep track of tax evaders and curb black money in the economy. Therefore, it is advisable to link your Aadhaar with your PAN and file your ITR to avoid any penalties or legal implications in the future.
File Income Tax Returns
Filing of Income Tax return is necessary if you have earned any income. File your ITR with EbizFiling at INR 1199/- only.
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