What is tax residency certificate (TRC) ?


india has made mandatory foreigners furnish tax residency certificate of home country claim benefits under double taxation avoidance agreement. make process of claiming tax credit easier foreigners removing arbitrariness in earlier regime.

central board of direct taxes, apex direct taxes body, has notified changes income tax act prescribing tax residency certificate. non residents entitled claim benefits under domestic tax law or relevant tax treaty extent more beneficial them.



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