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
its not targeting the scholar ...
its targeting ISLAM
its targeting the TRUTH
its targeting the blind faith from knowing the TRUTH.
its targeting to blind the knowledge of oneness of God (Na tasya Pratima Asti)
In the past there were many who targetted, but Alhamdullillah (Thanks to ALLAH) ISLAM is still ALIVE and No one can white wash it even if they have all the temporary powers they get from the Almighty. Non Muslims should read (thequranproject) online to learn about the POWERFUL ALMIGHTY ALLAH who is the CREATOR of all that EXISTS.... its time to Recognize OUR CREATOR and reject the FASLEHOOD (Manmade gods) that will be the TRUE SUCCESS in this world and the Hereafter.
When he became terrorist.
So how many riots/bomb blast took place after his speech.
O ho ! If the government can bring Zakir Naik to India, why the government can not bring Neerav modi, Lalit modi, Mehul choksi etc to India. (instead PM has friendship with them by meeting Neerav in Davos, appreciating Mehul choksi in a program etc). Is this not a partiality to target only muslims. Looting Thousands of Crores by so many guys and running away from India is not a matter at all for the goverment ?
This is totally injustice.. Targeting a scholar its not a good thing. Zakir Naik doing everything for the betterment of humanity
While barking about saffron terrorism you people should realise Islamic terrorism also. ZN spreading only hatred
Not Islamic preacher.. He is communal goon
Again started problem.. Such a communal minded man. He should not be free
Put him behind bar. He is just total waste for earth.
Why modi affraid of ZN
So what...! Handing over a terrorist is not a big issue. Modi govt asked because he is more concerned about safety of people
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