How can I link multiple pan card with same Aadhaar number ? “No, it is not possible to link multiple PAN (Permanent Account Number) cards to a single Aadhaar number. As per the rules set by the Income Tax Department of India, each individual can have only one PAN card, and that PAN card must be linked to their Aadhaar number.
If you have multiple PAN cards, you must deactivate all but one of them to avoid penalties and legal consequences. You can do this by submitting a request to surrender your duplicate or incorrect PAN cards to the Income Tax Department. To link your PAN card to your Aadhaar number, you can follow the steps outlined on the Income Tax Department’s website or use the Aadhaar-PAN linking facility provided on the e-filing portal. It is important to link your PAN and Aadhaar to avoid penalties and ensure compliance with the Income Tax Act, 1961.
The PAN (Permanent Account Number) card is a unique 10-character alphanumeric identifier issued by the Income Tax Department in India.
Some key points about PAN cards include:
1. Purpose: PAN is primarily used as an identifier for financial transactions and to track taxable activities. It is essential for filing income tax returns, opening a bank account, conducting large financial transactions, and more.
2. Application: Individuals, as well as entities like companies and trusts, can apply for a PAN card. The application can be made online through the official NSDL or UTIITSL websites.
3. Components: A PAN number is a combination of letters and numbers, such as ABCDE1234F. The first five characters are letters, the next four are numbers, and the last character is again a letter.
4. Linking with Aadhaar: Linking your PAN card with Aadhaar is mandatory for certain financial transactions. It helps in curbing tax evasion and ensuring that individuals do not possess multiple PAN cards.
5. Importance in Banking: PAN is required for opening bank accounts, making high-value transactions, and for various financial investments. Banks often ask for a copy of your PAN card as part of their KYC (Know Your Customer) process.
6. International Transactions: PAN is essential for individuals involved in international transactions and for NRIs (Non-Resident Indians) who want to invest in India.
7. Changes and Corrections: If there are changes in personal details or errors in the PAN card, individuals can apply for corrections or updates.
Remember to verify information with official sources, as rules and regulations may change.
What should I do if I have lost my pan card?
A PAN card is an essential document for diverse uses like financial and legal transactions, taxation and more. Hence, if it gets lost or stolen, you have to apply for a duplicate PAN card (your Permanent Account Number remains the same) to seamlessly continue your functions. Applying for a duplicate PAN card is easy and can be done both online and offline. Here are the steps that you need to follow when applying for a PAN card online:
Step 1: First, navigate to the Protean Website for the PAN Application and click on “Apply Now”You will be redirected to the Protean TIN Website. Click on Apply Online visible on the left panel.
Step 2: Next, select the appropriate Application Type “Reprint of PAN card” from the options visible on the page.
Step 3: After that enter your personal details along with PAN to generate a token number.
Step 4: You will receive a token number in your email ID that will serve as a reference in the future or complete the application form.
Step 5: Tick the checkbox and enter the CAPTCHA to move to the next page of the application form.
Step 6: Select the application mode i.e. e-KYC/e-Sign (paperless), and submit scanned images through e-Sign or Physical document submission.
Step 7: Next, select your preferred mode of payment and enter the amount to be paid. The application fees depend on the PAN card option selected (physical/ePAN only)
Step 8: Finally, click on ‘Pay Confirm’ to make the necessary payments and receive the reprinted PAN card. On successful submission of the application, you will receive an acknowledgement with a 15-digit acknowledgement number. You can track the status of your application using the said acknowledgement number.
Step 9: Forward the acknowledgement receipt along with the required Identity, Address and Proof of Date of Birth to Protean eGov Technologies Limited, 4th floor, Sapphire Chambers, Baner Road, Baner, Pune – 411045 for processing. If the application mode is selected as “Physical document submission”.The NSDL eGov official website now has been rebranded as Protean eGov Technologies Limited. You can access a plethora of PAN card-related services from this platform for smooth functioning. This saves you a lot of time as well as lets you apply for the PAN card from the comfort of your home. Want to go for an offline application for a PAN card reprint? You can follow the steps below for the offline application of a duplicate PAN card:
Step 1: Obtain the “Request for new PAN card or/and changes or Correction in PAN Data” form from the local PAN Service Center. Also, you can download the PAN application from the Protean website.
Step 2: Next, fill out the application form accurately in block letters and using black ink.
Step 3: Enter your 10-digit PAN and other necessary details in the application form.
Step 4: Also, make sure to attach 2 passport-size photographs, the required payment amount, identity proof, address and date of birth proof documents and submit these to the nearest Protean facilitation centre/PAN Centre.
Step 5: You will get a printed acknowledgement form having a 15-digit acknowledgement number. You can track the status of your application using the said acknowledgement number.
Step 6: Once done, your application will be processed and your PAN card will be dispatched to the communication address mentioned in the application form.Usually, you will receive your duplicate PAN card within 2 weeks of submitting your application form, provided the application is found to be in order.
Remember to verify information with official sources, as rules and regulations may change.