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CBDT Exempt Non-Resident Taxpayers

Published on December 15, 2022
Current Context: The Central Board of Direct Taxes (CBDT) exempted Non-Resident (NR) taxpayers from the compulsory electronic filing of Form 10F until 31st March 2023.
CBDT Exempt Non-Resident Taxpayers
  • The rule will apply to NR taxpayers who don’t have a PAN and are not required to have a PAN as per the Income Tax Act 1961 read with Income Tax Rules 1962.
  • Till 31st March 2023, the eligible NR taxpayers can file Form 10F in manual form.
  • This exemption was introduced by the CBDT as NR taxpayers without PAN were facing challenges submitting Form 10F electronically.
  • In order to avail benefits of the Double Taxation Avoidance Agreement (DTAA), NR taxpayers are required to provide a Tax Residency Certificate (TRC).
  • If some relevant information is missing in the TRC, they are required to fill out Form 10F under Section 90(5) of the Income Tax Act 1961.

Question:

Q.1 Recently the CBDT exempted Non-Resident taxpayers from the compulsory electronic filing of Form 10F until?
a. March 2023
b. December 2023
c. March 2024
d. December 2024
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