PAN-Aadhaar Link: The Income Tax Department has asked to link the PAN card with Aadhaar before 31 May. If you do not do this by 31 May, then you will have to pay double TDS. Know the way to link it here.
PAN-Aadhaar Link: If you have not linked your PAN with Aadhaar card, then get this work done soon, otherwise you may suffer a big loss. The Income Tax Department has asked to link the PAN card with Aadhaar before 31 May. If you do not do this by 31 May, then you will have to pay double TDS. On the other hand, if you link it by 31 May, then no action will be taken against you. That is, you have only two days left for PAN-Aadhaar Linking. Know the way to link it here-
Link PAN-Aadhaar like this
To link PAN with Aadhaar, first click on the official website https://incometaxindiaefiling.gov.in/. If you are not registered, then register yourself by entering PAN number as user ID. If you have already registered, then log in.
After this, click on the ‘Link Aadhaar’ option in the ‘Quick Links’ section.
Further, enter the PAN and Aadhaar number here and click on the Validate option.
Then enter your name and mobile number registered on the Aadhaar card and click on the Link Aadhaar option.
You will receive an OTP. Enter that OTP and then click on the ‘Validate’ button.
After this, you will receive a message, which will let you know that your PAN has been linked to the Aadhaar card.
You can also go to https://www.utiitsl.com/ or https://www.egov-nsdl.co.in/ to link your PAN to Aadhaar.
You can also link through SMS
You can also link PAN-Aadhaar through SMS. For this, you have to type UIDPAN on your phone. After this, write the 12-digit Aadhaar number. Then write the 10 digit PAN number and send this message to 567678 or 56161.
What is TDS
Tax Deducted at Source (TDS) is a part of Income Tax. Actually, the tax collected on the source of income of a person is called TDS. TDS is deducted on different types of income sources such as salary, interest or commission received on any investment etc. The government collects tax through TDS. However, it does not apply to every income and transaction. Some rules have been set by the Income Tax Department for deducting TDS.
The TDS deducted from all the income sources is deposited with the government. In return, you also get a certificate in which it is told how much TDS was deducted from a particular person and how much amount went into the government account. If TDS is more than the income tax, refund is claimed and if it is less, advance tax or self-assessment tax has to be deposited.
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