According to the Income Tax norms, now you can quickly apply for an e-PAN and get it within minutes. Just like your Demat account operations, it’s also electronically handled. So, let’s know more about how to apply for instant PAN through Aadhar based e-KYC.
Procedure For Online Application Of E-PAN
In this article
Mentioned below is the procedure for you to follow for applying e-PAN-
1. Visit Official Site Of The Income Tax Department
https://www.incometaxindiaefiling.gov.in/home
2. Click On “Instant PAN through Aadhar”
3. Write Your Aadhar Card Number
4. Get OTP
5. Check Details And Submit
6. Check PAN Allotment Status
How To Check The Status of Your PAN Card Allocation?
After knowing how to apply for e-PAN, let’s know more about how to check the status of your PAN card allocation.
1. Visit Homepage Of IT department
Go to the IT department homepage. The link is given below-
https://www.incometaxindiaefiling.gov.in/home
2. Click On ‘Instant PAN Through Aadhar’
There’s a section on the homepage showing ‘Quick Links.’ Click it and then press the option showing ‘Instant PAN Through Aadhar.’
3. Click On Check Status/ Download PAN
Then comes an option ‘Check Status/ Download PAN.’ Click it for you to divert again to the page showing submission of the request.
4. Fill Details And Submit
In the box asking your validate Aadhar number, fill it, and enter the captcha code without any error. Then click submit.
5. Enter OTP
In this step, you’ve to enter the OTP generated on your phone. For that, make sure your phone number is registered with the Aadhar card. Then press ‘submit.’
6. Click Submit
After clicking submit, your site opens on a new page showing your PAN card request allotment status.
7. Download PAN Pdf
If you didn’t make any mistakes, and the process gets successful, a link gets generated in the form of a PDF for you to download within 5-10 min.
However, the document in the form of a PDF contains a password to open. The password is nothing but your DOB in ‘DDMMYYYY.’ You can put your DOB, as mentioned in your Aadhar card, in this format for the PDF to open.
Requirements For Filling E-PAN
Every document or form has some of the other requirements that you must fulfill. Otherwise, anyone would come and demand an e-PAN right. The requirements are mentioned below-
- For e-PAN application, make sure you’ve got an Aadhar card that’s well verified with e-KYC. The instant grant of e-PAN gets furnished by the IT department.
- For filling e-PAN, you must bear an Aadhar card granted by the Unique Identification Authority of India or UIDAI. Added to that, you must also fill the form-49A.
- Make sure your phone number is well registered with your Aadhar. It is of utmost required for OTP generation and verification.
- Added to that, you must upload your scanned photograph and signature. However, its format must be in JPEG format within 10KB size.
The e-PAN is completely online-based, and no paperwork involved, thus making it quite fast. Added to that, it also doesn’t cost you a penny.
What Is E-PAN?
You can order your pizza online, dominos, right. You can order apparel online. You can order phones, electronic gadgets, even groceries online. Wait, do you know you can even get your Aadhar number online? Yes. So, Why not e-PAN then? Just like your Demat account, e-PAN gets issued with a digital signature and furnished in the form of electronic.
According to the improvisations in clause (C) of Section 139A of IT Act, 1961, and sub-rule (6) of Rule 114 of IT Regulations, 1962, the e-PAN that you’re getting online is relevant. You can use it to obtain your Permanent Account Number.
However, you must note the 15-digit that you receive after applying for e-PAN. You get this number after your application for receiving an e-PAN gets successfully submitted. You can even use this number to keep an eye on the e-filling portal.
Thus, in short, the PAN Card is a physical laminated card that has:
- cardholder’s permanent account number structure is as follows: AAAPL1234C: The first five characters are letters (in uppercase by default), followed by four numerals, and the last (tenth) character is a letter as well as
- cardholder’s name
- Date of birth (DoB)
- photograph
Other than voter and Aadhaar cards, it also serves as an identity proof card.
Features Of E-PAN
After knowing something about what exactly the PAN card is, let’s know more about its features.
i. In your e-PAN, your name, DOB, etc. will get mentioned, as stated by the IT department.
ii. Added to all the details, for offline verification scanning, a QR code is a must. So, as per the orders of the IT department, it’s added as well. You can use it for accessing verification when needed in offline mode. Look, you can always not go for online mode, right, and not everyone is a pro on the internet, right. So, for offline mode, you certainly need a verification code. So, here it goes, QR code.
iii. Apart from everything, since it’s linked with an Aadhar card, your biometric details like a fingerprint, etc. are also linked. So, e-PAN contains all your biometric details as well as your proper recent scanned photo.
How Can I Get The Eligibility To Apply For e-PAN?
For applying to get an e-PAN card, you must fulfill the below-mentioned criteria-
- The most important criteria are that you must be an Indian.
- You must not have had a PAN card earlier.
- You must be a discrete taxpayer and not a member of any company or HUF.
- It is requisite enough for you to hold an Aadhar card issued by UIDAI.
- Make sure your phone is well and active and registered with the Aadhar card.
- The details mentioned in your Aadhar must be correct, and if any incorrections present, make sure you modify it.
What Is The Requirement For PAN Card?
PAN Card is the need of the hour in today’s scenario. Be it buying of any property or sale or taxpaying; PAN card is the utmost requisite. Mentioned below are certain such requisite options-
PAN Card is the firm step for taxpaying or any finance-related task. Be it applying for tax or ignore tax subtraction; PAN is the main requisite for every finance.
Added to this, there are many more deals that require a PAN card in their first step itself-
1. An immovable property worth Rs. 5 lakh or much more than that, for purchasing or selling it.
2. Purchasing or selling your motorcycle or car, etc.
3. For paying any restaurants or hotels at a time amount more than Rs. 25,000. Well, this is not possible only if you aren’t going to The Taj or May Fair.
4. For any foreign travel, if the amount exceeds Rs. 25,000 at a time.
5. For bond acquiring in RBI of an amount higher than Rs. 50,000.
6. For financing any company or educational institute or any other institution of an amount higher than Rs. 50,000.
7. For purchasing shares from share markets of an amount exceeding Rs. 50,000.
8. Added to everything if you’re purchasing any jewelry exceeding Rs. 5 lakh, you need your PAN card by your side.
Now understood how important your PAN card is? So, keep it safely with you and never lose it, unless an accident.
FAQs
1. Is e-PAN as relevant as a normal PAN card?
For normal PAN card, it requires lots of paperwork and about 15-20 days or more for getting delivered to your doorstep. While for e-PAN, it takes hardly 5-10 min. Apart from that, no third person indulgence or paperwork involved.
2. Is it mandatory or compulsory to link PAN with an Aadhar card? What happens if not linked?
About what happens when not linked? Then as said above, it becomes useless. PAN Card is required for carrying out almost every big financial transactions. So, it now depends on you whether you’re up to linking it or losing it.
3. What differs between normally applied PAN card and e-PAN?
Final Talk
As you came through the article, procedure on how to apply for instant PAN through Aadhar-based e-KYC, you must have marked how easy it is. Everything is just under the click of your fingertips. All you need to know is its procedure and keep the documents handy with you. I hope this article could be of some help to you!
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