PAN requirement for foreign nationals: passport and undertaking suffice when PAN is not mandatorily required under tax law. PAN is required for foreign nationals only if they are mandatorily required to have PAN under the Income Tax Act on the date of application; otherwise the foreign national may provide passport number and a proforma undertaking declaring PAN is not mandatory, that no PAN has been issued, and to furnish PAN to the Registrar of Companies when issued.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
PAN requirement for foreign nationals: passport and undertaking suffice when PAN is not mandatorily required under tax law.
PAN is required for foreign nationals only if they are mandatorily required to have PAN under the Income Tax Act on the date of application; otherwise the foreign national may provide passport number and a proforma undertaking declaring PAN is not mandatory, that no PAN has been issued, and to furnish PAN to the Registrar of Companies when issued.
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