CBDT notifies relaxation of electronic filing of Form-10F for Non-residents Taxpayers

The Central Board of Direct Taxes(CBDT) has notified the partial relaxation given in electronic filing of Form 10F by Non-residents taxpayers via issuing notification.

Referring to Notification No. 03/2022 dated 16th July 2022 issued by Directorate of Income Tax (Systems) New Delhi in exercise of powers conferred under Rule 131(1)/(2) of the Income-tax Rules mandating the furnishing of Form 10F electronically.

Many Practical challenges were faced by the NRI taxpayers without a PAN Card due to this.

Via currently issued notification CBDT notified that, non-resident (NR) taxpayers who faced hardships in making compliance because of not having PAN and with a view to reduce the genuine hardship to such taxpayers, it has been decided by the Competent Authority that such category of Non­resident taxpayers who are not having PAN and not required to have PAN as per relevant provisions of the Income Tax Act 1961 and Income Tax Rules 1962 are exempted from mandatory electronic filing of Form 10F till 31st March 2023.

It is also clarified through this notification that, Such taxpayers may continue to file Form 10F in manual form until 31st March 2023, as was done before to the release of DGIT (Systems) Notification No. 3 of 2022.

For Official Notification Download PDF Given Below: