Trader
2616 Points
Joined August 2009
Dont lose your sleep on it. If you are an Indian and you go to US and take nationality there, your PAN of India will remain as it is and not change. Only your residential status will.
Fortunately, for INDIVIDUALS income tax is a residence based levy. For Companies, tax rate differs between domestic and foreign. Therefore as far as revenue is concerned you are not under any violation.
Now you have to get the nationality corrected because you signed your application with 'To the best of my knowledge and belief' just above your signature. What you made is a bonafide error and not done anything to evade taxes or such things.
There is one thing which is above all application forms. A PLAIN PAPER application. But this has to be done personally and you can do it with interaction with a single human being on the other side and not collectively with what is called a department. Call NSDL and explain your situation. Follow it with written communication. If you can, visit personally. As long as there is no difference between an Indian and Foreigner as far as quantum of tax is concerned there is no problem. The day there is such a difference, you will have problems.