Bulk PAN-Aadhaar Status
As per Rule 114AAA of Income Tax Rules, 1962, the PAN of a taxpayer shall become inoperative if it is not linked to Aadhaar on or before 31st March 2021. It shall be deemed that the PAN has not been furnished.
- The taxpayer will face consequences under the Income Tax Act, and tax must be withheld @ 20% under Section 206AA.
- Businesses must verify PAN-Aadhaar linking of all vendors, customers, and employees before making payments.
- The income tax site allows only one PAN verification at a time. Bulk verification is not supported.
You need this service if:
- You are making payments to resident individuals.
- You are withholding tax below 20%.
- PAN-Aadhaar linking of payees is not verified yet.
- You are handling large sets of PAN-Aadhaar records.
What is our service propositions?
Bulk PAN-Aadhaar linking verification services
A dashboard providing birds-eye view along with detailed reports
Key potential benefits at a glance
Hosted on secured environment with adequate data security measures
Data received, stored and shared in password protectedExcel file
Compliance with Aadhaar guidlines
Result in substantial saving of time and efforts
Bulk PAN-Aadhaar Status
