PAN-UPDATION IN INCOME TAX SITE
This query is : Resolved
31 May 2023
Hello,
Suppose, I am foreign citizen and Non resident since 15-16 yrs and hold PAN card so is there any rule to update my residential status as per income tax site India. basically I have bank account(NRO) in India but income is below taxable limit hence I am not liable to file income tax return in India.
please guide in this matter urgently whether do update my resident status without filing of ITR to income tax site , shall I apply for New PAN as foreign citizen and surrender old PAN?
Suppose, I am foreign citizen and Non resident since 15-16 yrs and hold PAN card so is there any rule to update my residential status as per income tax site India. basically I have bank account(NRO) in India but income is below taxable limit hence I am not liable to file income tax return in India.
please guide in this matter urgently whether do update my resident status without filing of ITR to income tax site , shall I apply for New PAN as foreign citizen and surrender old PAN?
31 May 2023
No need to update PAN nor mandatory to apply for new PAN.
Better to file nil return under NRI status to convey your status to ITD.
Better to file nil return under NRI status to convey your status to ITD.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Banking Related Issue
- Traces submitting correction statement error
- Difff in ais receipts and gst turnover
- ASMT-10 received from A O
- IT returns for fresh job holders
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
