Step-by-Step Guide: Paying the Rs 1,000 Fine for PAN-Aadhaar Linking

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Step-by-Step Guide: Paying the Rs 1,000 Fine for PAN-Aadhaar Linking

Step-by-Step Guide: Paying the Rs 1,000 Fine for PAN-Aadhaar Linking

Individuals must now link their Permanent Account Number (PAN) to their Aadhaar number, as mandated by the Government of India. The deadline for this linking process was originally set for March 31, 2022, but it was later pushed back to March 31, 2023, with a Rs 1,000 penalty. As the deadline approaches, those who have not yet linked their PAN to Aadhaar must do so as soon as possible. Failure to meet this requirement may result in financial penalties and issues with income tax filings.

In Technical Dost’s this article, we will show you how to pay Rs 1,000 Fine for PAN-Aadhaar Linking, as well as how to complete the linking process itself.

Before we delve into the steps, it is essential to note that the following banks have been authorized by the government to accept payments for PAN-Aadhaar linking: Axis Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, City Union Bank, Federal Bank, ICICI Bank, IDBI Bank, Indian Bank, Indian Overseas Bank, IndusInd Bank, Jammu & Kashmir Bank, Karur Vysya Bank, Kotak Mahindra Bank, Punjab National Bank, UCO Bank, and Union Bank of India.

link pan with aadhaar online

Here are the steps to take if you have a bank account with any of the mentioned banks:

1. Visit the website https://eportal.incometax.gov.in/ and click on “Link Aadhaar” in the Quick Links section.
2. Enter your PAN and Aadhaar numbers and click on “Validate.”
3. Verify your identity by entering the One-Time Password (OTP) received and clicking “Proceed” on the Income Tax tile.
4. Select the Assessment Year (AY) 2023-24 and choose “Other Receipts (500)” as the Type of Payment. Then, click on “Continue.”
5. The amount of Rs 1,000 will be pre-filled in the “Others” box. Click “Continue.”
6. On the next page, select the mode of payment, which will redirect you to the website of the selected bank.
7. Complete the payment process to link pan with aadhaar successfully.

link pan with aadhaar link pan with aadhaar online

Individuals who do not have a bank account with any of the above-mentioned banks should take the following steps:

1. Visit the e-filing website of the Income Tax Department.
2. Navigate to the e-Pay tax page on the website.
3. Look for the hyperlink that says “Click here to go to NSDL (Protean) tax payment page for other banks” and click on it. This action will redirect you to the Protean (NSDL) portal.
4. On the Protean portal, click on “Proceed” under Challan No/ITNS 280.
5. Under the “Tax Applicable (Major Head)” section, select “(0021) Income Tax (Other than Companies).”
6. In the “Type of Payment (Minor Head)” section, select “(500) Other Receipts.”
7. Choose the Assessment Year (AY) as 2023-24 and provide any other mandatory details as required.
8. Click on “Proceed” to continue with the linking process.

To avoid penalties or potential difficulties with income tax filings, it is critical to complete the PAN-Aadhaar linking process before the June 30, 2023 deadline. Individuals can ensure compliance with this mandatory requirement and avoid any potential consequences by following the steps outlined above.

Remember that linking your PAN to Aadhaar is not only a legal requirement, but it also allows for a more streamlined and efficient income tax system. It enables the government to accurately monitor financial transactions and reduces the likelihood of tax evasion. As a result, it is in everyone’s best interest to complete this process within the time frame specified.


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