Having a PAN card is mandatory as it enables you to link all transactions, income tax payments, Tax Deducted at Source (TDS), and more. Previously, the process of getting a PAN card would take a few days.
However, with advancements in every sector, you can get a PAN card instantly from the Income Tax Department website. This PAN card is also known as an e-PAN card, as it is an electronically generated card.
You can use this PAN card for income tax e-filing and submit your income tax returns on time to avoid any penalties associated with late filing. However, to do that, you first need to register.
Read on to know the required eligibility and documents to apply for an e-PAN card, steps to apply, how to check the status, and more.
All Indian residents can register on the portal to get an instant PAN card for e-filing taxes under Section 160 of the Income Tax Act, 1961. Here are the eligibility criteria to apply for it:
You must be above 18 years of age
You must be a taxpaying Indian citizen
You must have a valid Aadhaar card
You must have an Aadhaar-linked mobile number
However, HUF, companies, firms, and similar entities are not eligible to apply for the same.
If you meet the eligibility criteria, then you must get your e-PAN card for ITR filing. Follow these steps to register on the Income Tax e-Filing Portal.
Step 1: Go to the official income tax portal and click on ‘Instant e-PAN’
Step 2: Select ‘Get New e-PAN’
Step 3: Enter your Aadhaar number and tick the confirmation box
Step 4: Read the consent terms and click on ‘Continue’
Step 5: Enter the OTP sent to your registered number
Step 6: Click on the ‘I agree’ box and then on ‘Continue’
Step 7: Check the details displayed (link or validate email, whichever is applicable)
Step 8: Click the ‘I accept’ box and then click on the ‘Continue’ tab
Step 9: Note and save the acknowledgement number on the screen
Remember, if your Aadhaar card only has your year of birth, you will first need to update your birthdate on the Aadhaar portal. Once updated, you can apply for an instant PAN card for e-filing and other purposes.
e-filing is the process of filing your income tax return electronically with your PAN card.
The e-PAN card has the same benefits and legitimacy as a physical PAN card. In this case, the e-PAN card is an instantly generated PAN card, in the electronic format received via e-KYC using an Aadhaar card.
When you apply for an e-PAN card, you get an acknowledgement number. You can use this number on the e-filing portal to check the status of your application and view/download your e-PAN.
To find your PAN using the Aadhaar card, visit the Income Tax Department's official website. Navigate to the ‘Quick Links’ section and click on the ‘Instant PAN through Aadhaar’ option.
Then, click ‘Check Status/Download e-PAN’. After you enter your Aadhaar number, captcha code, and OTP, you can find your e-PAN card.