Clarification and explanation on Residential status of NRIs by various authorities for F.Y. 2020-21
CBDT via circular has explained following issues for FY 2020-21. How to determine residential status of NRIs.
How income would be taxable in India in case of changing residential status of NRIs. How TIE Breaker rule of DTAA would play important role to avoid double taxation. In which country income would be tax for FY 2020-21 due to covid – 19.