"Consistently working on the.......... The phrase “Partner in nation-building” used by President Abdul Kalam for Chartered Accountants. Making my small contribution towards that... nothing else....... Your concerns/suggestions are respectable and accepted."
In this article, I have covered the need and relaxations provided by the Central Government on Residential Status in Circular no. 11 dated May 8, 2020. As per the provisions of section 6 of the Income-tax Act, 1961 ‘period of stay’ of an individual is used to determine the residential status of individual taxpayers. Ordinarily, […]