Thanks Mr. Sriram you have explained it nicely. Since my PAN become Inoperative I was wonder why some mutual funds like HDFC, ICICI and Kotak were allowing transaction while some others like Axis, Nippon and UTI were rejecting transactions, looks like AMCs those rejecting transactions are not aware of the latest rules regarding inoperative PAN
Yes, i still could not withdraw my own 16 year old investment from Nippon, while i was there in July 2023. I am simply going to move all my money back to USA, rather than go through this nonsense again... USD has also appreciated 30% against rupees in last 9 years and its a loss to invest in India, unless you plan to stay there for long term
If you are an OCI ( especially in USA) under the age of 65 with full time work, best to move money OUT of India ASAP to avoid all this red tapism, bureaucracy and dealing with this change of rules every 2 years.. Recently i went after 13 years to my home town Ahmedabad and still struggling to withdraw my mutual funds invested 16 years ago for the very same reason. withdrawing my own investment from post office was a nightmare. and so on with Frozen accounts in Indian banks with KYC ,etc.. If you are retired or going every year different story for you.
Dear Sirs, While I fully appreciate what was provided here, unfortunately emailing to AO or filing a Grievance through IT portal does not get any response even after 2-3 weeks (till now). The grievance filed through IT portal at least gets an acknowledgement but no resolution. However, emails sent to AO (whose email is arrived through the account Jurisdiction) go into a blackhole. Being an OCI and non-Indian Citizen, it is not possible to physically visit the IT office as per the jurisdiction. It is a nightmare to chase them through emails remotely.
If IT dept is delaying issues pertaining to mismatch of PAN/Aadhaar details and sleeping over the issues for years together who is to be penalised - IT dept or poor honest tax payer? Get answer from your IT expert.
Dear expert, is there no option to use income tax portal for NRIs, who have never issued Aadhar ever? Since each and every step it is asking Aadhar to proceed like getting an ePAN
Hello Sir, as my PAN has become inoperative, as I am an OCI, can I email my copies of PAN and OCI copies to the respective AO, since don't know the mode how to 'intimate'? If yes, will this email id has to be the email id registered in Income Tax India eportal (I don't have any eportal profile, since Indian income is very minimal, no filing required as such)? Regards,
My daughter lives in USA on H1B. She has both PAN and Aadhar but not linked. She doesn't file Returns in India because she has no income here (as she lives in USA). Now, if I do the linking on her behalf (by paying the fee), will there be complications like she should mandatorily file Returns every year in India? Please let me know.
I present to you a case where the Pan was linked,payment was done,challan downloaded But now it shows that linking wasn’t done. Helpdesk and all other portals are sending set pattern replies as how to link but not how to solve the issue.
Sir i am a NRI Indian living in Dubai. I had linked my PAN with my Aadhar some time back in Oct 2021. Even despite of this my pan has been blocked. I tried using the income tax portal. But when I put my UAE mobile number into the column provided, i dont get any OTP on this mobile. I tried twice and i failed. Now I dont know how to go about changing my residential status to NON RESIDENT. Will your good office in Dubai be able to assist me ?
Hi, we r NRI. My wife PAN became inoperative as in PAN her father name is the surname and Aadhar has my name as SURNAME. How to proceed best as all my wife details like Passport, NRI Bank accounts is as per passport name
It is 31st August and mutual funds are still rejecting my redemption requests, stating PAN Aadhar link reason. I now have no access to my funds that are loocked in. Can you please suggest where I can file a complaint?
Hi Sir - i paid 1% TDS on 2 sellers - one of the seller Pan Card is inoperative and he didnt inform me - now i have got a notice saying "Regular Statement for Acknowledgement Number XXXX is processed with defaults u/s 200A" and asking to pay more - what should i do now?
Dear Sirs, If a NRI files Income tax return ITR 2 for AY 2023-24 with residential status as NRI, will his jurisdiction get changed from domestic to International automatically?
Totally agree, I was hoping that the video will shed some light on how do you change any details in Aadhar or PAN, if you don't have India phone number to receive OTP.
@@ShanSK79 You can received OTP on foreign number. I have done it and changed my status in PAN as Non Residence. However that is not going to exempt you from linking PAN and Aadhar
Hi l am oci tried buy l have no phon number is operative ope is send me but l have line becouse in Europ our Indian line has not operative let know about Thanks