It is mandatory to link Aadhaar with your PAN card under Section 139AA of the Income-tax Act 1961. As per this section, if Aadhaar and PAN are not linked within the date notified by the government then it might lead to a penalty. As per section 234H, if these two documents are not linked till the given date or linked after the scheduled date, i.e., on or after June 30, 2021, then a penalty of Rs 1,000 is prescribed by the government, will be levied.
The last date to link Aadhaar and PAN is extended from 31st March 2021 to 30th June 2021. If you haven’t linked Aadhaar with PAN, then do it immediately. In case, if you have already done the process but not aware of the status, then here is how to do it.
Step 1: Visit the official website of the Income Tax Department.
Step 2: From the official website, choose the ‘Quick links’ section, and then hit the ‘Link Aadhaar‘ option.
Step 3: Now, a separate page will open. From there, click on the hyperlink showing the view status of PAN-Aadhaar linkage.
Step 4: After clicking the hyperlink, you will be required to enter your details – PAN and Aadhaar number.
Step 5: In the end, feed the required details and hit on the ‘View Link Aadhaar Status’.
The status of the PAN and Aadhaar link will be shown on the screen.
Importance of Linking Aadhaar and PAN Card
In the Budget 2017, the government presented a new section named “Section 139AA-in the Income Tax Act”. Under this section, it is mandatory to submit an Aadhaar number while filing ITR or applying for a new PAN card.
A person who is already having PAN as of July 1, 2017, and they are eligible to obtain Aadhaar. Also, it is important to link these two documents before the deadline prescribed by the government. In case, if an individual link these documents after the deadline announced by the government then the PAN allotted to that person would be deemed to be invalid, as per section 139AA.