Form 10F is submitted by Non-Resident Indians (NRIs) who are receiving payments from India and do not have a Permanent Account Number (PAN), along with the necessary details of the NRI’s Tax Residency Certificate. This form assists them in preventing the deduction of Tax Deducted at Source (TDS) on payments earned or received in India.
Income earned by an NRI in India is subject to TDS provisions as per the Income-tax Act, 1961.
Form 10F must be submitted by NRI taxpayers lacking essential information such as the Tax Residency Certificate (mandatory under the Double Taxation Avoidance Agreement) and PAN. In the absence of an individual’s PAN, TDS is deducted at a higher rate.
NRIs without a PAN can electronically file Form 10F.
In the past, non-residents were required to obtain a PAN in order to register on the Income Tax Portal and file Form 10F. However, in July 2022, the CBDT introduced a new facility that allows non-residents to register on the Income Tax Portal without obtaining a PAN. This was done to make it easier for non-residents to claim tax treaty benefits.
How To File?
To file Form 10F without obtaining a PAN, non-residents must first register on the Income Tax Portal. To do this, they must create an account and select the category “Non-Residents not holding and not required to have PAN.”
Once they have registered on the Income Tax Portal, non-residents can file Form 10F electronically. To do this, they must log in to their account and select the “E-file” option. They will then be taken to a page where they can select the type of return they want to file. They must select “Form 10F” and then follow the instructions on the screen to complete and submit the form.
They will then need to provide their basic details, such as name, date of birth, and country of residence.
It is important to note that non-residents who file Form 10F without obtaining a PAN must still provide a TRC from their country of residence. The TRC must be valid for the period of time for which they are claiming tax treaty benefits.
