1. The CBIC vide Notification No. 94/2020-Central Tax dated December 22, 2020, has amended Rule 22 dealing with cancellation of registration by issuing fourteen amendments of CGST Rule 2020. 1.1 Further, CBIC vide twitter dated 23.12.2020 has clarified the facts on recent rule changes against the misinformation on social media that is confusing genuine taxpayers. […]
Do those who have been stranded due to lock down become tax resident due to overstay? Under the tax laws, residents are required to pay tax on their global income whereas non residents have to pay tax on their Indian income only. Your residential status is determined on the basis of aggregate period of your […]