CBDT launches facility for instant allotment of PAN card via Aadhaar.
The government formally launched the facility for instant allotment of Permanent Account Number or PAN card (on near to real time basis). This facility is now available for those PAN applicants who possess a valid Aadhaar number and have a mobile number registered with Aadhaar, Central Board of Direct Taxes (CBDT) said.
Hon’ble FM Smt @nsitharaman formally launched the facility for instant allotment of PAN through Aadhaar based e-KYC (on near to real time basis) today in the presence of Hon’ble MoS Sh @ianuragthakur. Also present were FS Dr AB Pandey & CBDT Chairman Sh PC Mody. #InstantPAN pic.twitter.com/NTq11c2NVg
— Income Tax India (@IncomeTaxIndia) May 28, 2020
The ‘beta version’ on trial basis for the same was launched on February 12, 2020 on the e-filing website of Income Tax Department, the CBDT further said.
“6,88,727 requests for instant PAN allotment were received up to May 25, 2020 out of which 6,77,680 instant PAN were allotted with turnaround time of just 10 minutes,” CBDT added.
The allotment process, CBDT said, is paperless and an electronic PAN (e-PAN) is issued to the applicants free of cost.
The process for applying for instant PAN is extremely simple. The applicant may go to the e-filing website of the Income Tax Department to provide her/his valid Aadhaar no & submit the OTP generated on the Aadhaar registered mobile no.
— Income Tax India (@IncomeTaxIndia) May 28, 2020
In order to apply for the PAN card, the applicant is required to go to the e-filing website of the Income Tax Department and provide valid Aadhaar number.
On submission, OTP is generated on the Aadhaar registered mobile number.
On completion of this process, a 15-digit acknowledgment no is generated.
The status of the request can be checked anytime by providing the valid Aadhaar number and once allotted, the e-PAN can be downloaded.
e-PAN is also sent to applicant on the email id, if registered with Aadhaar.
Source : IncomeTaxIndia
