The Income Tax department has come up with the online PAN card facility wherein an Aadhaar card holder will be able to get an instant e-PAN card.
If you do not have Aadhaar card, you can apply for it on UIDAI and can check the e-Aadhaar status online.
Anyone can apply for PAN card online if they have their Aadhaar or e-Aadhaar with them. To avail the facility of free PAN card, having a valid Aadhaar number is a prerequisite.
What is e-PAN?
The Income Tax Department issues a digitally signed PAN card in an electronic format. They use Aadhaar to get the KYC details of the individual for giving access to the e-PAN card.
The facility of free PAN card is available for a limited period and valid Aadhaar holders only. You can check your e-Aadhaar status online to know the validity of your Aadhaar.
The Need of PAN Card
A PAN card is a necessity for filling your income tax return if the earnings are under the taxable limit. A PAN card assists the IT department in knowing all the transactions made by the taxpayer in the financial year. PAN card link with aadhar card online is also mandatory for all indians.
It will include all the details like the amount of tax paid, returns on tax and any other transaction where PAN is required.
While filing the income tax return, your bank account details, PAN number, rent receipts and payslips should be ready with you.
Prerequisites to Apply for e-PAN Online
Step-by-step Guide for Free PAN Card Online
Following are the steps for requesting e-PAN card.
Step 1 - Log on to the official website
The request for the e-PAN card can be made from the official website. http://incometaxindiaefiling.gov.in is the official website for the e-PAN application.
Step 2 - Enter the active mobile number
At this step, you will have to enter an active mobile number that is linked to Aadhaar. On this mobile number, you will get an OTP that is to be entered for moving to the next step.
Step 3 - Request on instant e-PAN option
Now, the applicant needs to click on the instant e-PAN tab, present on the left side of the web page.
Step 4 - Fill in the required details
All the necessary details that are filled in the form should match the Aadhaar details. The mobile number should also match as you will get OTP on that number.
Step 5 - Mention the OTP received
After filling the Aadhaar details, you will receive the OTP on the mobile. Enter the OTP in the given space and move ahead for the next step.
Step 6 - Upload your valid signature
The applicant now needs to upload a scanned copy of his/her signature as per the format and size mentioned.
Step 7 - Keep Track of Acknowledgement number
After entering all the asked details correctly, you will receive a 15 digit acknowledgement number on your mobile.
To check your e-PAN status, you need to enter the acknowledgement number on the official website.
Related Article: https://uniquethis.com/blogs/27143/255697/everything-you-need-to-know-about-the-e-aadhar-card
Aman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management.