Fin Min issues clarification, no intention to question TRC

Fin Min issues clarification, no intention to question TRC

IT Department not to go beyond TRC and question taxpayers; CBDT Circular 789 on Indo-Mauritius treaty still in force: Will consider appropriate clarifications in Finance Bill: Finance Ministry Press Release....

TRC sufficient for proving 'residence' not 'beneficial ownership,' clarifies FM

Amendment to Sec 90 / 90A, regarding Tax Residency Certificate, enacted to clear ambiguity; Last year's memorandum already clarified TRC sufficiency point and same provision introduced in the IT Act;....


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