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Get PAN Instantly Using Just Your Aadhaar Number - Creditmantri

The Finance Ministry has made it easier for people to get a PAN card using just their Aadhaar number. This is to ensure that individuals are tax compliant and do not evade taxes. Equipping every individual with a PAN card is vital to root out the menace of black money too.

The ease of getting a PAN card using an Aadhaar number is that you don’t need any other documents to get it. Your Aadhaar number is enough to get your PAN instantly. The process is also completely free and paperless.

Read on to learn who can apply for the instant PAN card and how to apply for it online.

Who Is Eligible To Apply For A PAN Card Using Aadhaar?

  • Anyone with a valid Aadhaar number is eligible to apply for a PAN using this process. This includes Indian citizens, non-resident Indians, and persons of Indian origin.
  • Also, your mobile number should be linked to your Aadhaar number so that you can get the OTP to complete the process.
  • There is no need for applicants to submit or upload any documents because this is a paperless process.
  • The applicant should not have more than one PAN. Possession of more than one PAN is punishable under section 272B(1) of the Income-tax Act.

Note: This facility is currently unavailable for minors.

The Process To Apply For Instant PAN Using Aadhaar

a. To apply for a PAN, please visit the e-Filing website of the Income-tax department. (Url: www.incometaxindiaefiling.gov.in)

b. Click the link - 'Instant PAN through Aadhaar'

c. Click on - 'Get New PAN'

d. Fill in your Aadhaar in the space provided, enter captcha and confirm

e. The applicant will receive an OTP on the registered Aadhaar mobile number; submit this OTP in the text box on the webpage

f. After submission, an acknowledgement number will be generated. Please keep this acknowledgment number for future reference

g. On successful completion, a message will be sent to the applicant's registered mobile number and e-mail id (if registered in UIDAI & authenticated by OTP). This message specifies the acknowledgement number

How To Download My Instant PAN?

Once you receive a confirmation message about a PAN number being allotted to you, you can go online and download your e-PAN. Here is how to do it -

a. To download PAN, please go to the e-Filing website of the Income-tax department. (Url: www.incometaxindiaefiling.gov.in)

b. Click the link- 'Instant PAN through Aadhaar'

c. Click the link- 'Check Status of PAN'

d. Submit the Aadhaar number in the space provided, then submit the OTP sent to the Aadhaar registered mobile number

e. Check the status of application- whether PAN is allotted or not

f. If PAN is allotted, click on the download link to get a copy of the e-PAN pdf

Why Is It Important To Have A PAN Number In India?

A PAN card is an essential document that helps you conduct your business or pay your taxes. It is used for identification and authentication purposes.

Every individual is required to have a PAN number to file his/her tax returns. A PAN is necessary to receive a refund on your Income Tax.

a. PAN helps to ensure tax transparency and prevent tax evasion.

b. PAN helps to speed up the refund process as it prevents delays at the Income Tax Department.

c. PAN helps in preventing money laundering.

d. PAN helps to prevent financial crimes.

e. As a citizen of India, it is your duty to comply with the Income Tax Act and quote your PAN number in any Income Tax related transactions. This is important for the economic growth of our country.

What Is The Objective Of The General Scheme Of Instant PAN Allotment?

This facility is a great boon to individuals with a valid Aadhaar number but don't possess a PAN. The objective of this scheme is to provide a unique identity to every individual. Also, PAN number with every individual ensures that his/her tax returns are filed on time. This is an important step towards the digitization of India.

Your PAN is also your unique identity linked to all your bank accounts, credit cards, and any financial transaction. A PAN helps to ensure tax transparency and prevent tax evasion.

Linking your PAN with your Aadhaar number and bank accounts help in preventing financial crimes. Recent times have seen a rise in financial crimes like credit card fraud, identity theft and money laundering. A PAN helps to prevent these crimes. In order to facilitate individuals to get PAN instantly, the government has decided to provide this facility free of cost to the citizens.

FAQs

1. What exactly is an Aadhaar-based Instant PAN?

PAN will be allotted in near-real time using an Aadhaar-based instant PAN allotment service. You must provide a valid Aadhaar number issued by the Unique Identification Authority of India (UIDAI) that is not linked to any PAN. The Aadhaar number's e-KYC data is exchanged with the Unique Identification Authority of India (UIDAI). You will be issued a PAN after the proper processing of e KYC data in the Income-tax database.

2. Is this PAN valid? Is it unique and different from the PAN acquired via other methods of application?

Yes, this PAN is legitimate. It is identical to the PAN issued by the Income-tax Department through other modes of application. This PAN, on the other hand, is paperless, online, and free of charge.

3. How will I receive the PAN assigned to me if I apply for an Instant PAN?

You can obtain your PAN by submitting your Aadhaar number at Check PAN Status. If your email address is registered with Aadhaar, you will also receive the PAN in PDF format.

4. What exactly is an e-PAN?

The IT department issues e-PAN cards, which are digitally signed PAN cards.

5. Is e-PAN also a valid form of PAN?

Yes, e-PAN is a valid PAN proof. The e-PAN contains a QR code that contains the PAN applicant's demographic information, such as name, date of birth, and photograph. A QR code reader can provide access to these details. The Principal Director General of Income-Tax has recognized e-PAN in Notification No. 7 of 2018, dated December 27, 2018. (Systems).

6. Can I make use of this service if I already have a PAN? Can I obtain a second PAN?

No. A person who has more than one PAN is subject to a Rs.10,000 penalty under Section 272B(1) of the Income Tax Act.

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