What is Instant PAN?

Income Tax Department has launched a new functionality on the e-filing portal which allots a PAN to the assessee on basis of his Aadhaar Number.

This facility can be used by an assessee only if the following conditions are fulfilled:

1.) He has never been allotted a PAN;

2.) His mobile number is linked with his Aadhaar number;

3.) His complete date of birth is available on the Aadhaar card; and

4.) He should not be a minor on the date of application for PAN.

Source: Income Tax India’s Official Website

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