Permanent Account Number (PAN) is a unique, ten-digit alphanumeric identity issued by the Income Tax Department to all taxpayers in India.
PAN facilitates instrumental transactions such as tax payments, entering certain financial contracts, and filing I-T returns.
It also serves as a government-verified proof of identity.
Here’s how you can apply for PAN online using your Aadhaar card.
Step-by-step guide to applying PAN using Aadhaar
e-PAN application facility via Aadhaar KYC
If you don’t have a PAN card, you can easily apply for it online using your Aadhaar card, free of cost.
The e-PAN facility launched by the I-T department lets users apply for a digitally-signed PAN using Aadhaar for KYC, for quick and convenient allotment.
Procedure to apply for e-PAN using Aadhaar KYC Application
Procedure to apply for e-PAN using Aadhaar KYC
Log on to the UTITSL’s PANOnline portal, and click on ‘Apply as an Indian Citizen/NRI.’
Next, click on ‘Apply & Sign using Digital Signature/Aadhaar based e-Sign..’ link.
You will be directed to Form 49A.
Check the apt boxes as per your needs, fill the form, and click on ‘Submit’ button.
Post successful submission, a 15-digit acknowledgment number will be issued to you.
Clearing the air around Aadhaar status
Post the September 26, 2018 Supreme Court verdict relating to authentication of Aadhaar, there has been a lot of confusion with respect to services where Aadhaar is necessary and where not.
Aadhaar is no longer mandatory for services such as bank account, telecom services, and school admissions/entrance tests.
However, it is still necessary for getting a PAN, filing I-T returns, and availing welfare schemes.