A tax residency certificate is a certificate that allows Indian residents to enjoy tax relief under DTAA (Double Taxable Avoidance Agreement). DTSS is an agreement between two or more countries to avoid taxing an income more than once (i.e. by the resident country and the source country). If you are a resident of one nation and earn income from another, then you can avail the benefits of this tax treaty. Let me tell you how to apply for tax residency certificate India:
If you are an Indian resident earning income from another country with which India has a DTAA, then you can get a tax residency certificate from the Indian income tax department. For this, you will have to make an application in Form No. 10FA to the Assessing Officer. After verification, the Assessing Officer would then issue a tax residency certificate to you in Form No. 10FB.
Tax Residency Certificate for Non-Resident taxpayerIf you are a non-resident, then you can get a tax residency certificate from the government of the country or the certain territory of which you are a resident. This tax residency certificate needs to include these details:
Name of the taxpayer;
Status of the taxpayer (firm, individual, etc.);
Country/specified territory of incorporation (in case of a Firm, LLP, or company), Nationality (if the taxpayer is an individual), or registration (in case of others);
Tax identification number of the taxpayer as per the country or specified territory of residence or if they don’t have such a number, then any unique number based on which the individual is recognized as a resident by the government of such country/specified territory;
Residential status for tax purposes;
Period during which the TRC is valid;
Taxpayer’s address
The format of the tax residency certificate can differ from country to country. Thus, if the tax residency certificate issued by the foreign government doesn’t include any of the details specified above, then the non-resident taxpayer will have to furnish the details mentioned in Form 10F.
Now you know how to apply for tax residency certificate in India.
Avail NoBroker’s NRI Property Management Services if You’re an Non-resident of India!
Read more:
What is a permanent resident?
What is a residence permit?
Do NRI pay tax in India?
What is TDS on sale of property by NRI?
How to get home loan for NRI in India?
This is all about the tax residency certificate India.
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
How to apply for tax residency certificate in India?
Tamanna
923 Views
1
3 Year
2022-04-08T12:40:13+00:00 2022-04-08T18:07:29+00:00Comment
Share