Friday, May 8, 2020

Lockdown Period will not Count to Determine Residency Status of NRIs: CBDT [Read Circular]

The Central Board of Direct Taxes (CBDT), on Friday, issued a clarification in respect of residency under Section 6 of the Income Tax Act, 1961 wherein the Board has clarified that the lockdown period will not be counted to determine NRIs residency status for the purpose of computation of tax liability. It has been a […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2SOv6gi

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