The CBDT issued a circular to obtain relevant info from individuals facing double taxation due to forced stay in India post COVID-19. The circular stated that though the possibility of double taxation does not exist as per the Income-tax Act, read with DTAAs, but CBDT shall decide on relaxing residency rule on basis of information obtained from such individuals. If any individual is facing double taxation due to forced stay in India, he may furnish the information in Form-NR annexed to circular.The CBDT issued a circular to obtain relevant info from individuals facing double taxation due to forced stay in India post COVID-19. The circular stated that though the possibility of double taxation does not exist as per the Income-tax Act, read with DTAAs, but CBDT shall decide on relaxing residency rule on basis of information obtained from such individuals. If any individual is facing double taxation due to forced stay in India, he may furnish the information in Form-NR annexed to circular.taxmann.com Latest Statutory HappeningsRead More
