Income Tax Department has asked taxpayers to link Aadhaar with PAN number until first july 2017. Today we are going to tell you a simple trick to link Aadhaar with PAN number by sending a single SMS massege from your mobile . The Income Tax Department has asked to link the Aadhaar and PAN through SMS.
How to link Aadhaar with PAN card through SMS :
For this, a person has to send an SMS to 567678 or 56161 by typing UIDPN-space-Aadhaar no. PAN number in capital number .
Apart from this, they can also be linked to the e-filing website of the department.
Significantly, the government has made it mandatory to link Aadhaar with PAN to each other under the Finance Act 2017. This will be effective July 1, 2017.
The Income Tax Department has introduced a new e-facility for linking the permanent account number of the persons with their Aadhar card. It is notable that the government has made aadhaar mandatory along with PAN number for filing income tax returns.
Wrong Details are required to update immediately to link Aadhaar with PAN :
There should be your Details match given in the PAN card, Aadhaar card and bank account. If it is not so, you can apply to make changes to your PAN card or Aadhaar card. You can also apply this application through the link on the website of the Income Tax Department. At the same time, if you have to update the aadhaar, then you can submit your application with the necessary documents to UIDAI . You can do this work online too.
What happen if you do not link Aadhaar with PAN :
If you do not complete the work of linking your Aadhaar card and PAN card by July 1, then your PAN card can be rejected. In such a situation, you can not fill your income tax returns in the current financial year, because both the pan card and aadhaar card have been compulsory for filing tax returns.
At present, there are more than 24.37 crores of pan card in the country and more than 113 crores aadhaar card of has been made. Of these, only 2.87 crore people submitted tax returns during 2012-13. 1.62 crore people filtered a tax return in these 2.87 crore people, but did not pay even a single rupee tax.
That’s because a large number of people steal taxes or avoid tax. So, to increase the tax collection in the country, the Income Tax Department has made mandatory to link Aadhaar with PAN for filing returns. After this linking it will be easy to stop tax evasion.