What is Instant-PAN?

Ans. EIncome-tax Dept. 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