Income Tax Department Explains Why PAN Cards Of Some NRIs Were Made Inoperative
NDTV
The department then asked the NRIs and OCIs to update their residential status on the income tax website.
The Income Tax department has issued clarification regarding concerns raised by certain Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) regarding their PAN cards becoming inoperative. The department mentioned two criteria - filing income tax return once in the last three years and intimating about their residential status to the Jurisdictional Assessing Officer - for making PAN cards inoperative. It also offered a solution to fix the issue. It is to be noted that the income tax department had made linking of PAN card with Aadhaar mandatory and the deadline for the same ended on June 30. Dear Taxpayers,Concerns have been raised by certain NRIs/ OCIs regarding their PANs becoming inoperative, although they are exempted from linking their PAN with Aadhaar.Further, PAN holders, whose PANs have been rendered inoperative due to non-linking of PAN with Aadhaar,…
"Concerns have been raised by certain NRIs/ OCIs regarding their PANs becoming inoperative, although they are exempted from linking their PAN with Aadhaar. Further, PAN holders, whose PANs have been rendered inoperative due to non-linking of PAN with Aadhaar, have expressed concern over certain consequences of PAN becoming inoperative," the department said in its tweet.
