Dear Experts

A foreign citizen is applying for PAN in India through Form 95 (previously 49AA).

My query is after allotment of PAN, is the foreign citizen mandatorily required to open bank account in India? If yes, what will be the address in India ?

There will not be any refunds. Can the foreign citizen give the bank account of her country of residence in the ITR to be filed in India?

Please advise.

Regards

Dipjyoti Majumdar