Extension of exemption with respect to mandatory e-filing of Form 10F
- A partial relaxation granted by Directorate of Income Tax (Systems) with respect to extension of exemption till September 30, 2023 from mandatory e-filing of Form 10F to non-resident taxpayers not having PAN and not required to have PAN as per the relevant provisions of the Income Tax Act, 1961.
- Considering the practical challenges and to mitigate the genuine hardship being faced by such taxpayers, the exemption from mandatory e-filing of Form 10F was provided till March 31, 2023 vide Notification dated December 12, 2022. In view of the continued practical challenges, the exemption has now been extended till September 30, 2023.
- The Notification also reiterates that such persons may make statutory compliance of filing Form 10F in manual form as was being done prior to issuance of the Notification No. 3/2022.
