ITR Filing : Time is running out, these benefits if Aadhaar card and PAN card are linked !

By | September 27, 2023
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The last date to link Aadhaar card and PAN card is June 30. Now link Aadhaar card and PAN card with a fine of Rs 1000. The benefits of linking Aadhaar and PAN are known.

Time has been given till the end of this month to link Aadhaar card and PAN card. Linking Aadhaar and PAN has many advantages. Let’s see what is the benefit of linking Aadhaar card and PAN card in Income Tax process.

The first benefit of linking Aadhaar card and PAN card is that fake PAN cards can be wiped out. Get a PAN card to link with an Aadhaar. Fake PAN cards can be identified and avoided. Aadhaar being a biometric based identity card can reduce crimes like impersonation.

Linking PAN and Aadhaar can prevent crimes like tax evasion. Through this, accurate data tracking of the financial transactions of the citizens of the country can be done. Naturally, when duplicate PAN cards are reduced, tax evasion will also be reduced. Another fact is that administrative processes are simplified. By linking PAN with Aadhaar, processes like filing income tax returns and cross-checking identities in financial transactions are simplified. This streamlines verification and reduces paperwork.

How to check Aadhaar-PAN linking status using Income Tax Portal?

1. Visit the official website of Income Tax Department https://www.incometaxindiaefiling.gov.in/

2. Login to your account with your User ID (PAN) and Password.

3. After logging in, open “Profile” on the website and open “Profile Settings”.

4. In the profile settings you will find the option to link Aadhaar and PAN. Click on this option.

See Also :   ITR Filing: ITR has not been filled yet, so there is a chance till December 31, otherwise you will have to pay a fine of 10,000

Now you can know the status. Only if Aadhaar and PAN are not linked, you will get an option to link them. Otherwise you will see a message on the screen that Aadhaar and PAN are linked. This process may also change based on any updates or changes made in the Income Tax Portal.