Avail PAN Card through Aadhar Card

• Team Antworks

Aadhar card serves as a proof of identification and not as a proof of citizenship. Aadhar card is valid throughout India.

Given below is a list of components that are captured in the Aadhar card.

• Name
• Address
• Date of Birth
• Relationship
• E-mail id
• Mobile number
• Finger print
• Iris print
• Photograph

Aadhaar Seeding with Pan Card from NSDL e-Gov.

Visit: https://onlineservices.tin.egov-nsdl.com/Aadhaar_Seeding/

Who must quote their Aadhaar?

Every person who has stayed in India for a period of 182 days or more in the past 12 months must quote their Aadhaar while linking it to the PAN.

Where should the Aadhaar be quoted?

The Government of India through the Finance Act of 2017, introduced the Section 139AA, where Aadhaar number quoting is compulsory. Aadhaar must be quoted in the following:

• ITR or income tax return.
• Application form for a new PAN.
• IT e-filing account.

What if the permanent account number (PAN) becomes invalid?

In case your Aadhaar is not linked to your PAN by July 1 2017, your PAN will become invalid. The list of transactions that will not be allowed once PAN becomes invalid are as follows:

• Purchase or sale of any services or goods exceeding an amount of Rs 2 lakh for each transaction.
• Purchase or sale of any immovable property that exceeds Rs 10 lakh.
• Purchase or sale of the unlisted shares that exceeds an amount of Rs 1 lakh for each transaction.
• Opening a demat aaccount.
• Applying for a credit card or a debit card.

Get PAN with your Aadhaar card

PAN or Personal Account Number is a ten digit unique alphanumeric number issued in the form of a laminated card. Applying for a PAN card can be quite tedious as the process consists of several formalities. The Income Tax Department has collaborated with Unique Identification Authority of India to make applying for PAN a much easier process.

In a recent announcement made by the Income Tax Department, it was stated that the department is trying to cut down on the formalities involved in applying for a PAN card.

In order to do that, the Income Tax Department has now announced that Aadhar card will be accepted as a valid proof for

1. Date of Birth
2. Proof of Identity and also
3. Address Proof

Aadhar card will suffice for these categories that require document proof.

Before, both Voter ID and Aadhar card were accepted as proof of identity and address until now. Now Aadhaar card alone will suffice as proof if the plan by Income Tax Department materialises.