The Central Board of Direct Taxes (CBDT) on December 12, 2022, issued a notification regarding Partial relaxation with respect to the electronic submission of Form 10F by a select category of taxpayers in accordance with the DGIT (Systems).
On consideration of the practical challenge being faced by non-resident (NR) taxpayers not having PAN in making compliance as per the above notification, and with a view to mitigating genuine hardship to such taxpayers, it has been decided by the Competent Authority that such category of Non- resident taxpayers who are not having PAN and not required to have PAN as per relevant provisions of the Income-tax Act, 1961 read with Income-tax Rules, 1962, are exempted from mandatory electronic filing of Form 10F till March 31, 2023.
[Notification No. DGIT(S)-ADG(S)-3/e-Filing Notification/Forms/2022/3327]
