“Kind Attention, Taxpayers! To avail of the benefits of CBDT Circular No.6/2024 dtd 23rd April 2024, do remember to link your PAN with your Aadhaar before May 31st, 2024. Don’t delay, link today.” the income tax department shared in a post on social media platform X today.

Here are the steps to be followed to link your PAN with Aadhaar

1) Visit the e-Filing Portal Home page and click on ‘Link Aadhaar’ in the Quick Links section, or log into the e-Filing portal and click on ‘Link Aadhaar’ in the Profile section.

2) Enter your PAN and Aadhaar Number.

3) Click on ‘Continue’ to Pay Through e-Pay Tax.

4) Enter your mobile number to receive OTP.

5) After OTP verification, you will be redirected to the e-Pay Tax page.

6) Click on ‘Proceed’.

7) Select the relevant Assessment Year and Type of Payment as ‘Other Receipts’ (500) and click ‘Continue’.

8) After successful payment, revisit the ‘ Link Aadhaar’ page.

9) Once the payment details are verified, click ‘continue’ to submit the PAN-Aadhaar link request.

According to the CBDT circular dated April 23, 2024, “Consequent to the notification substituting rule 114 AAA of the Income-tax Rules, 1962 (the Rules) vide notification no. 15 of 2023 dated 28th March, 2023, it is hereby clarified that a person who has failed to intimate the Aadhaar number following section 139AAA of the Income-tax Act, 1961 (the Act) read with rule 114AAA shall face the following consequences as a result of his PAN becoming inoperative: refund of any amount of tax or part thereof, due under the provisions of the Act shall not be made to him; interest shall not be payable to him on such refund for the period, beginning with the date specified under sub-rule (4) of rule 114AAA and ending with the date on which it becomes operative; where tax is deductible under Chapter XVII-B in case of such person, such tax shall be deducted at a higher rate, following the provisions of section 206AA; where tax is collectable at source under Chapter XVII-BB in case of such person, such tax shall be collected at a higher rate, under the provisions of section 206CC.”

Who needs to link Aadhaar and PAN?

According to Section 139AA of the Income Tax Act, individuals with a Permanent Account Number (PAN) assigned before July 1st, 2017, and eligible for an Aadhaar number, must disclose their Aadhaar number using the specified form and method.

Why is PAN- Aadhaar linking important?

•  Your PAN will become inoperative if you do not link it with Aadhaar.
• Refund of any amount of tax or part thereof shall not be made
• Interest shall not be payable
• Tax shall be deducted at a higher rate

Tax shall be collected at a higher rate per the provisions of section 206CC.

ITR filing due date for FY 2023-24

The deadline for filing your Income Tax Returns (ITR) for the income earned in FY 2023-24 (AY 2024-25) is 31 July 2024, without incurring any late fees.