New Delhi, May 9: The Finance Ministry on Friday announced relief to those who have been facing difficulty with their residency status in India under section 6 of the Income-tax Act due to lockdown and suspension of international flights owing to COIVD-19 outbreak, as they have had to prolong their stay in India.
According to a Central Board of Direct Taxes (CBDT) release, Finance Minister Nirmala Sitharaman today allowed discounting of prolonged stay period in India for the purpose of determining residency status after considering various representations received from people who had to prolong their stay in India due to lockdown and suspension of international flights.
They expressed concern that they will be required to file tax returns as Indian residents and not as NRIs after 120 days of stay.
The Finance Ministry stated that the lockdown continues during the financial year 2020-21 and it is not yet clear when international flight operations would resume, a circular excluding the period of stay of these individuals up to the date of resumption of international flight operations shall be issued for determination of the residential status for the financial year 2020-21.
A circular also said that in order to avoid genuine hardship in such cases, the CBDT has decided that for the purposes of determining the residential status under section 6 of the Act during the previous year 2019-20 in respect of an individual who has come to India on a visit before March 22, 2020 and:
(a) has been unable to leave India on or before March 31, 2020, his period of stay in India from March 22, 2020 to March 31, 2020 shall not be taken into account; or
(b) has been quarantined in India on account of novel coronavirus (Covid-19) on or after March 1, 2020 and has departed on an evacuation flight on or before March 31, 2020 or has been unable to leave India on or before March 31, 2020, his period of stay from the beginning of his quarantine to his date of departure or March 31, 2020, as the case may be, shall not be taken into account; or
(c) has departed on an evacuation flight on or before March 31, 2020, his period of stay in India from March 22, 2020 to his date of departure shall not be taken into account."
The release said there are number of individuals who had come on a visit to India during the previous year 2019-20 for a particular duration and intended to leave India before the end of the previous year for maintaining their status as non-resident or not ordinary resident in India.
"However, due to declaration of the lockdown and suspension of international flights owing to outbreak of COVID-19, they are required to prolong their stay in India. The status of an individual whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a year," it said.
Comments
Haha #1...RSS policy don't work ?,...then you are madrasa illetarate only ..sumne 30 days English speaking coarse kalsi ..love jihad ge train madiro product antha gottagutte ....we from RSS at very rapid rate penetrating Kerala and not one or even 10 killings deter us....we love our motherland to the core ....sangh will give befitting reply to their opponents in their own language ....
I think the cheddis have read the history of Zioist..of their deception and still wants to follow that way and deceiving many youths to take their side without considering the results...
Zioist fooled the people on World war by supplyng the weapons to both sides. and also fooled the countries thru bankers....
Russians and chinese recognised them and oppose their stratergy.
india has recognized it but cheddis controlled govt. will take the indians into their deception .. This is the REALITY.
Many families have lost their sons and the family members are in suffering...
And people will come to know only when it reaches their house holds.
If Your heart recognised the LIARS, better to start distancing from the LIARS. if not You will fall to the trap of their deception
Killers feeling the HEAT...
Some young life lost
and the HATERS are playing their games of blaming
the parents and the family of the killed will be suffering...
When can WE honest people understand this game of Hatred.
Why cant WE support openly to those who are against Hatred..
come lets join and voice out against the hate campaigns
What difference it is going to make....end of the day general public has to suffer....
Yes bjp, now you aware you JEWS policy will not accepted in GODS OWN LAND. You are targeting in your dominated state but it won't work out all over INDIA.
Tit For Tat is the right policy for you and your backing communal group.
Jai Hind!
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