Indian tax authorities have introduced new rules specifying the way Tax Residence Certificate (TRC) should be submitted to claim reliefs under relevant tax treaties.
What You must Know about India’s New Tax Residence Certificate Rules
1. What You must Know about India’s New Tax Residence Certificate Rules
Indian tax authorities have introduced new rules specifying the way Tax Residence Certificate (TRC) should be
submitted to claim reliefs under relevant tax treaties.
New Tax Residence Certificate Rules for Non-Residents
As per the new rules, the TRC obtained by a non-resident in India from its home country must (along with the
general requisites) include:
The taxpayer’s residential status for taxation,
The taxpayer’s address for the relevant period, and
Its applicability period.
New Tax Residence Certificate Rules for Residents
The Indian tax authorities have prescribed a new application format which is to be submitted to the tax authorities
to obtain a TRC, and have also provided a new format in which the TRC can be issued.
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