The Finance Minister introduced a new facility in Budget 2020 where individuals can get instant Permanent Account Number (PAN) through their Aadhaar without submitting a detailed application form.
The facility was formally introduced by the Finance Minister on the 28th of May 2020. The facility can be availed on the income tax department’s e-filing website. Here is a stepwise guide on how to avail this facility of instant PAN allotment:
Requirements for instant e-PAN:
You are not required to upload any documents on the portal. The facility is available only to those who have never been allotted a PAN before.
In order to apply, your mobile phone number must be linked to Aadhaar number and the complete date of birth in DD- MM-YYYY format should be available on the Aadhaar card. This instant e-PAN card facility is not available to minors.
Step Wise Guide on How to apply for instant PAN Card
Step 1: Visit www.incometaxindiaefiling.gov.in
Step 2: Under the ‘Quick Links’ option, click on ‘Instant PAN through Aadhaar’.
Step 3: Select from the following options:
Get New PAN
Check status/Download PAN
Step 4: Enter your Aadhaar number, captcha code and confirm
Step 5: Click on ‘Generate Aadhaar OTP’. A one-time password (OTP) will be sent on your mobile number registered in the Aadhaar database.
Step 6: Enter the OTP in the required space. Click on ‘Validate Aadhar OTP and confirm’.
Step 7: On successful verification of Aadhar OTP, check if the name, date of birth, residential address, mobile number and other details shown are correct.
Step 8: Verify the e-KYC details. Agree to consent and submit a request for PAN allotment
Step 9: Once the details are submitted successfully, an acknowledgment number will be generated. Acknowledgment number will be sent to you via SMS and email (if given).
Step 10: Once you have applied for PAN using this facility, you can view the status or download the PAN by entering Aadhar number, captcha and OTP received on the mobile number. A Permanent Account Number (PAN) is issued instantly in just 10 minutes in PDF format to the applicant.
Is this ePAN valid?
Yes, it is valid. It is not diFFrent from the PAN issued by the income tax department via other modes of application. However, this PAN is paperless, online and free of cost.
Jai Hind, Vande Mataram
Team CA Study