https://www.taxtmi.com/circulars?id=59295 Mandatory Permanent Account Number (PAN) compliance is required for operation of BO accounts and trading; NRIs/PIOs/foreign nationals previously allowed limited purpose BO/trading accounts without PAN must obtain PAN by December 31, 2006 or face account inoperability. Income Tax Department guidance permits PAN applications from persons outside India and foreign citizens based on passport and foreign bank account proofs, with procedural codes, AO guidance, courier charges, and disclosure requirements for service providers. en-us Fri, 27 Oct 2006 00:00:00 +0530 Wed, 11 Feb 2026 15:57:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59295 Mandatory Permanent Account Number (PAN) compliance is required for operation of BO accounts and trading; NRIs/PIOs/foreign nationals previously allowed limited purpose BO/trading accounts without PAN must obtain PAN by December 31, 2006 or face account inoperability. Income Tax Department guidance permits PAN applications from persons outside India and foreign citizens based on passport and foreign bank account proofs, with procedural codes, AO guidance, courier charges, and disclosure requirements for service providers. Circulars SEBI Fri, 27 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59295