‘Inoperative PAN Is Not Inactive PAN’: IT Dept Clarifies On NRIs Issues, Check Details
The last date to link PAN with Aadhaar was June 30, 2023.The NRIs whose PANs are inoperative have been asked to intimate their residential status to their respective JAO along with supporting documents.The Income Tax department on Tuesday provided clarification in response to concerns raised by specific Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) regarding the inoperability of their PAN cards. The department has outlined two requirements that must be met for PAN cards to become inoperative: filing an income tax return at least once within the past three years and informing the Jurisdictional Assessing Officer about their residential status. Furthermore, the department has presented a solution to address this issue.The last date to link PAN with Aadhaar was June 30, 2...