{"id":9323,"date":"2025-08-10T11:46:52","date_gmt":"2025-08-10T11:46:52","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=9323"},"modified":"2025-08-10T11:48:44","modified_gmt":"2025-08-10T11:48:44","slug":"how-to-update-pan-number-resident-status-to-nri-pio","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/","title":{"rendered":"How to Update PAN Number Resident Status to NRI \/ PIO"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-4720\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2022\/07\/Penalty-for-not-Linking-PAN-with-Aadhaar-Section-234H...jpg\" alt=\"\" width=\"880\" height=\"365\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2022\/07\/Penalty-for-not-Linking-PAN-with-Aadhaar-Section-234H...jpg 641w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2022\/07\/Penalty-for-not-Linking-PAN-with-Aadhaar-Section-234H..-300x124.jpg 300w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69daa963e4ba0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69daa963e4ba0\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#How_to_Update_Permanent_Account_Number_Resident_Status_to_NRI_PIO\" title=\"How to Update Permanent Account Number Resident Status to NRI \/ PIO\">How to Update Permanent Account Number Resident Status to NRI \/ PIO<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Documents_Required_to_Update_NRI_Status_with_the_Income_Tax_Department\" title=\"Documents Required to Update NRI Status with the Income Tax Department\">Documents Required to Update NRI Status with the Income Tax Department<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Filing_ITR_with_an_Inoperative_Permanent_Account_Number\" title=\"Filing ITR with an Inoperative Permanent Account Number: \">Filing ITR with an Inoperative Permanent Account Number: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#How_to_Update_PAN_Resident_Status_to_NRI_PIO\" title=\"How to Update PAN Resident Status to NRI \/ PIO\">How to Update PAN Resident Status to NRI \/ PIO<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Steps_to_Update_Resident_Status\" title=\"Steps to Update Resident Status\">Steps to Update Resident Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Step_2_%E2%80%93_Find_Your_Jurisdictional_Assessing_Officer\" title=\"Step 2 \u2013 Find Your Jurisdictional Assessing Officer \">Step 2 \u2013 Find Your Jurisdictional Assessing Officer <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Step_3_%E2%80%93_Submit_Documents_to_Jurisdictional_Assessing_Officer\" title=\"Step 3 \u2013 Submit Documents to Jurisdictional Assessing Officer \">Step 3 \u2013 Submit Documents to Jurisdictional Assessing Officer <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Step_4_%E2%80%93_Alternative_Online_Submission\" title=\"Step 4 \u2013 Alternative Online Submission\">Step 4 \u2013 Alternative Online Submission<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Step_5_%E2%80%93_Verify_Update\" title=\"Step 5 \u2013 Verify Update : \">Step 5 \u2013 Verify Update : <\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#How_to_Track_PAN_Card_Status_Online\" title=\"How to Track PAN Card Status Online\">How to Track PAN Card Status Online<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Checking_Online_via_NSDL\" title=\"Checking Online via NSDL\">Checking Online via NSDL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Without_Acknowledgement_Number\" title=\"Without Acknowledgement Number:\">Without Acknowledgement Number:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Checking_Online_via_UTIITSL\" title=\"Checking Online via UTIITSL\">Checking Online via UTIITSL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Check_PAN%E2%80%93Aadhaar_Link_Status\" title=\"Check PAN\u2013Aadhaar Link Status\">Check PAN\u2013Aadhaar Link Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#Consequences_of_Not_Linking_PAN_with_Aadhaar_for_Eligible_Individuals\" title=\"Consequences of Not Linking PAN with Aadhaar (for Eligible Individuals)\">Consequences of Not Linking PAN with Aadhaar (for Eligible Individuals)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.caindelhiindia.com\/blog\/how-to-update-pan-number-resident-status-to-nri-pio\/#FAQs_related_to_PAN_with_Aadhaar\" title=\"FAQs related to\u00a0PAN with Aadhaar \">FAQs related to\u00a0PAN with Aadhaar <\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Update_Permanent_Account_Number_Resident_Status_to_NRI_PIO\"><\/span><span style=\"color: #000080;\"><strong>How to Update Permanent Account Number Resident Status to NRI \/ PIO<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>From 1 July 2023, the Income Tax Department (ITD) deactivated Permanent Account Numbers not linked to Aadhaar \u2014 this included many NRIs and PIOs because their PAN residential status was not updated. Impact if not updated Trading blocked on NSE and BSE, Higher TDS deductions as per the Income-tax Act, Difficulty in banking, investments, and tax filing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Documents_Required_to_Update_NRI_Status_with_the_Income_Tax_Department\"><\/span><span style=\"color: #000080;\"><strong>Documents Required to Update NRI Status with the Income Tax Department<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Permanent Account Number Card Copy \u2013 Proof of identity and Permanent Account Number details.<\/li>\n<li>Passport Copy \u2013 Include visa stamp pages showing non-resident status.<\/li>\n<li>Proof of Overseas Residency \u2013 e.g., foreign bank statements, utility bills, driver\u2019s license.<\/li>\n<li>Evidence of NRI ITR Filing \u2013 Past ITR acknowledgments filed as an NRI.<\/li>\n<li>Proof of Past Stay in India \u2013 Bills, property records, or similar (if previously resident).<\/li>\n<\/ul>\n<p><em>Updating these records ensures the <\/em>Permanent Account Number <em>reflects NRI status and may function without Aadhaar seeding.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Filing_ITR_with_an_Inoperative_Permanent_Account_Number\"><\/span><span style=\"color: #000080;\"><strong>Filing ITR with an Inoperative Permanent Account Number: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>ITR Filling is allowed but has consequences:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Higher TDS under Sec. 206AA.<\/li>\n<li>No Refunds or interest on refunds.<\/li>\n<li>Higher TCS under Sec. 206CC.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"How_to_Update_PAN_Resident_Status_to_NRI_PIO\"><\/span><span style=\"color: #000080;\"><strong>How to Update PAN Resident Status to NRI \/ PIO<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Steps_to_Update_Resident_Status\"><\/span><span style=\"color: #000080;\"><strong>Steps to Update Resident Status<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><strong>Step 1 \u2013 <\/strong>Gather Required Documents : You will need to submit to your Jurisdictional Assessing Officer:<\/p>\n<ol>\n<li>Copy of PAN Card<\/li>\n<li>Any one of the following proofs of NRI\/PIO\/OCI status:\n<ul>\n<li>Passport copy showing stay abroad confirming NRI status.<\/li>\n<li>PIO Card issued by the Government of India.<\/li>\n<li>OCI Card issued by the Government of India.<\/li>\n<li>Other national\/citizenship ID or taxpayer ID (must be attested \u2014 see below).<\/li>\n<li>Attestation requirement: Citizenship ID or taxpayer ID must be attested by:<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<ul>\n<li>Indian Embassy \/ High Commission \/ Consulate in your country of residence, or<\/li>\n<li>Authorised official of overseas branch of a scheduled bank registered in India.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Step_2_%E2%80%93_Find_Your_Jurisdictional_Assessing_Officer\"><\/span><span style=\"color: #000080;\"><strong>Step 2 \u2013 Find Your Jurisdictional Assessing Officer <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ol>\n<li>Visit Income Tax Portal \u2013 Know Your AO<\/li>\n<li>Click Know Your AO.<\/li>\n<li>Enter your PAN and mobile number.<\/li>\n<li>Click Continue, enter OTP, and click Validate.<\/li>\n<li>Note down Jurisdictional Assessing Officer name, designation, and contact details.<\/li>\n<\/ol>\n<h4><span class=\"ez-toc-section\" id=\"Step_3_%E2%80%93_Submit_Documents_to_Jurisdictional_Assessing_Officer\"><\/span><span style=\"color: #000080;\"><strong>Step 3 \u2013 Submit Documents to Jurisdictional Assessing Officer <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>Submit in person, by post, or via authorised representative.<\/li>\n<li>Clearly mention your request to update Residential Status from \u201cResident\u201d to \u201cNon-Resident\u201d in ITD records.<\/li>\n<li>Keep attested copies of all proofs for your records, as the same may be required by your broker, bank, or mutual fund house to update their records too.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Step_4_%E2%80%93_Alternative_Online_Submission\"><\/span><span style=\"color: #000080;\"><strong>Step 4 \u2013 Alternative Online Submission<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>If physical submission is not possible:<\/p>\n<ol>\n<li>Log in to the Income Tax Portal.<\/li>\n<li>Go to Grievances section.<\/li>\n<li>Select Department: AO (Assessing Officer).<\/li>\n<li>Select Sub-category: Others.<\/li>\n<li>Attach the required documents (scanned, attested if required).<\/li>\n<li>Submit and track status online.<\/li>\n<\/ol>\n<h4><span class=\"ez-toc-section\" id=\"Step_5_%E2%80%93_Verify_Update\"><\/span><span style=\"color: #000080;\">Step 5 \u2013 Verify Update : <\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>After processing, check on the ITD e-Filing Portal to confirm that your residential status shows as \u201cNon-Resident\u201d. Once updated, your PAN will function without Aadhaar seeding requirements.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_PAN_Card_Status_Online\"><\/span><span style=\"color: #000080;\"><strong>How to Track PAN Card Status Online<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Track via Call<\/li>\n<\/ol>\n<ul>\n<li>Call the TIN call center at 020-27218080.<\/li>\n<li>Provide your 15-digit acknowledgement number.<\/li>\n<\/ul>\n<ol start=\"2\">\n<li>Track via SMS<\/li>\n<\/ol>\n<ul>\n<li>Format: NSDLPAN &lt;15-digit acknowledgement number&gt;<\/li>\n<li>Send to 57575.<\/li>\n<li>You\u2019ll get an SMS with the current application status.<\/li>\n<\/ul>\n<ol start=\"3\">\n<li>Track via Online Service Providers : Always use the website where you applied:<\/li>\n<\/ol>\n<ul>\n<li>NSDL (TIN-NSDL) \u2013 <a href=\"https:\/\/tin.tin.nsdl.com\/pantan\/StatusTrack.html\">Track Here<\/a><\/li>\n<li>UTIITSL \u2013 Track Here<\/li>\n<li>E-Mudhra \u2013 Check status on their official portal.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Checking_Online_via_NSDL\"><\/span><span style=\"color: #000080;\"><strong>Checking Online via NSDL<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Visit TIN-NSDL portal.<\/li>\n<li>Select Application Type: \u201cPAN \u2013 New \/ Change Request\u201d.<\/li>\n<li>Enter Acknowledgement Number.<\/li>\n<li>Enter Captcha and click Submit.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Without_Acknowledgement_Number\"><\/span><span style=\"color: #000080;\"><strong>Without Acknowledgement Number<\/strong>:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>On the same NSDL page, choose the Name &amp; Date of Birth option.<\/li>\n<li>Enter full name (as in application) and DOB.<\/li>\n<li>Click Submit.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Checking_Online_via_UTIITSL\"><\/span><span style=\"color: #000080;\"><strong>Checking Online via UTIITSL<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Use Coupon Number given during application, OR<\/li>\n<li>Use PAN Number if already allotted.<\/li>\n<li>Enter details on the UTI PAN tracking page and click Submit.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Check_PAN%E2%80%93Aadhaar_Link_Status\"><\/span><span style=\"color: #000080;\"><strong>Check PAN\u2013Aadhaar Link Status<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000080;\"><strong>Without Logging In (Quick Links)<\/strong>:<\/span><\/p>\n<ol>\n<li>Visit the Income Tax e-Filing portal.<\/li>\n<li>Click Link Aadhaar Status.<\/li>\n<li>Enter PAN and Aadhaar \u2192 Click View Status.<\/li>\n<li>Possible status messages:\n<ul>\n<li>Linked \u2013 &#8220;Your PAN is already linked to given Aadhaar.&#8221;<\/li>\n<li>Pending \u2013 Linking request sent to UIDAI.<\/li>\n<li>Not Linked \u2013 Need to link.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<p><span style=\"color: #000080;\"><strong>By Logging In<\/strong>:<\/span><\/p>\n<ul>\n<li>From Dashboard then My Profile then Link Aadhaar Status.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>By SMS<\/strong>:<\/span><\/p>\n<ul>\n<li>Format: UIDPAN &lt;12-digit Aadhaar&gt; &lt;10-digit PAN&gt;<\/li>\n<li>Send to 567678 or 56161.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Track PAN Card Delivery<\/strong><\/span><\/p>\n<ol>\n<li>Visit India Post Track &amp; Trace.<\/li>\n<li>Enter the tracking number from NSDL\/UTIITSL dispatch message.<\/li>\n<li>View current location, expected delivery date, and delivery attempts.<\/li>\n<\/ol>\n<p><span style=\"color: #000080;\"><strong>Helpline<\/strong><\/span><\/p>\n<ul>\n<li>UTIITSL PAN Helpline: 033-40802999 (9 AM \u2013 8 PM)<\/li>\n<li>Email: utiitsl.gsd@utiitsl.com<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Consequences_of_Not_Linking_PAN_with_Aadhaar_for_Eligible_Individuals\"><\/span><span style=\"color: #000080;\"><strong>Consequences of Not Linking PAN with Aadhaar (for Eligible Individuals)<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6348\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Consequences-if-PAN-becomes-Inoperative-due-to-Non-Linking-of-PAN-Aadhaar.jpg\" alt=\"Consequences if PAN becomes Inoperative due to Non Linking of PAN-Aadhaar\" width=\"855\" height=\"401\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Consequences-if-PAN-becomes-Inoperative-due-to-Non-Linking-of-PAN-Aadhaar.jpg 855w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Consequences-if-PAN-becomes-Inoperative-due-to-Non-Linking-of-PAN-Aadhaar-300x141.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Consequences-if-PAN-becomes-Inoperative-due-to-Non-Linking-of-PAN-Aadhaar-768x360.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/06\/Consequences-if-PAN-becomes-Inoperative-due-to-Non-Linking-of-PAN-Aadhaar-800x375.jpg 800w\" sizes=\"(max-width: 855px) 100vw, 855px\" \/><\/h2>\n<p>Under the Income-tax Act, 1961, failure to link PAN and Aadhaar by the prescribed deadline leads to the PAN becoming inoperative, with the following consequences:<\/p>\n<p><span style=\"color: #000080;\"><strong>Higher Tax Deductions\/Collections<\/strong><\/span><\/p>\n<ul>\n<li>Section 206AA \u2013 TDS (Tax Deducted at Source) will be deducted at a higher rate.<\/li>\n<li>Section 206CC \u2013 TCS (Tax Collected at Source) will be collected at a higher rate.<\/li>\n<\/ul>\n<p><span style=\"color: #000080;\"><strong>Restrictions on Filing and Processing ITR<\/strong><\/span><\/p>\n<ul>\n<li>Sections 234A, 234B, 234C Taxpayer may not be able to file their ITR effectively. &amp; Delay\/interest liabilities under these sections may apply.<\/li>\n<li>Section 234F \u2013 Late filing penalty up to INR10,000.<\/li>\n<li>Penalty for Late Linking (Section 234H) : PAN can be made operative only after linking with Aadhaar and paying a penalty of up to INR 1,000.<\/li>\n<li>Penalty for Non-Compliance : Section 272B: Quoting PAN is mandatory for certain financial transactions under Section 139A. If PAN is inoperative, it will be considered non-compliance, attracting a penalty up to INR 10,000.<\/li>\n<\/ul>\n<p><strong><span style=\"color: #000080;\">Practical Impact for NRIs :<\/span> <\/strong>Even though NRIs are generally exempt from mandatory Aadhaar\u2013PAN linking, those who already have Aadhaar must still link it to avoid PAN inactivation. PAN is essential for Opening NRE\/NRO bank accounts, Investing in Indian markets, Property transactions, Other high-value financial dealings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs_related_to_PAN_with_Aadhaar\"><\/span><span style=\"color: #000080;\"><strong>FAQs related to\u00a0<\/strong><strong>PAN with Aadhaar <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Is Aadhaar\u2013 Permanent Account Number linking mandatory for NRIs?: No, unless you already have Aadhaar, in which case linking is mandatory to avoid PERMANENT ACCOUNT NUMBER becoming inoperative.<\/li>\n<li>Consequences of not linking Permanent Account Number and Aadhaar? : Permanent Account Number may stop working, affecting tax filing, banking, and investments.<\/li>\n<li>Exemptions from Linking: NRIs, super-senior citizens (80+), and residents of J&amp;K, Assam, and Meghalaya.<\/li>\n<li>Difference between NRI Permanent Account Number and Regular PAN : No difference in functionality; NRIs\/OCI must apply via Form 49AA.<\/li>\n<li>Eligibility for Aadhaar: Only if present in India \u2265182 days in the last 12 months.<\/li>\n<li>Mismatch in Permanent Account Number \u2013Aadhaar Details: Correct discrepancies before linking.<\/li>\n<li>Update Aadhaar to NRI Status First : If applicable, update Aadhaar at an enrollment center before linking.<\/li>\n<li>Deadlines: Government-notified deadlines apply equally to NRIs holding both Permanent Account Number and Aadhaar.<\/li>\n<li>Need Aadhaar-linked Mobile for Linking: Yes, OTP authentication is mandatory.<\/li>\n<li>Fee for Linking Post-Deadline: INR 1,000 late fee currently applies.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>How to Update Permanent Account Number Resident Status to NRI \/ PIO From 1 July 2023, the Income Tax Department (ITD) deactivated Permanent Account Numbers not linked to Aadhaar \u2014 this included many NRIs and PIOs because their PAN residential status was not updated. Impact if not updated Trading blocked on NSE and BSE, Higher &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[142],"tags":[1202],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9323"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=9323"}],"version-history":[{"count":3,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9323\/revisions"}],"predecessor-version":[{"id":9326,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/9323\/revisions\/9326"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=9323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=9323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=9323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}