#FinancialBytes: Get instant e-PAN based on Aadhaar details
In a bid to help tax payers generate their permanent account number (PAN) online, the Income Tax Department on Friday launched an e-PAN facility on a real-time basis. The best part? The facility is free of cost, no documents are required, and the e-PAN can be generated using only Aadhaar details. Here's more about it.
The e-PAN facility is only available for individuals
Firstly, to clarify, the e-PAN facility is only available for individuals, and not for Hindu Undivided Families (HUFs), firms, trusts, and companies. Additionally, the facility is open only for a limited period of time, and e-PANs will be generated on a first-come, first-served basis to Aadhaar card holders. The process is as under.
How to apply for e-PAN using Aadhaar card
To get e-PAN, you'll need an active mobile number linked to your Aadhaar, which will be verified using an OTP. Following the OTP verification or e-KYC, the process of e-PAN application will be initiated. Applicants have to upload a scanned copy of their signatures according to specified instructions, and upon successful filing of the application, will receive a 15-digit acknowledgement number on their mobile/email.
