The Central Board of Direct Taxes (CBDT) has offered one-time relief to non-resident individuals (NRIs) who don’t have a permanent account number (PAN) by allowing them to file Form 10F manually till March 31, 2023.
The CBDT had issued a notification in July, making it mandatory for non-resident taxpayers to file Form 10F electronically on the income tax (I-T) e-filing portal if they wanted to claim the benefit of lower TDS (Tax Deducted at Source). Income earned by an NRI in India is subject to TDS under the I-T Act, 1961.
Sandeep Bajaj, managing partner, PSL Advocates & Solicitors, says,