The central government on Saturday issued a press release on the status of residency of NRIs/foreign visitors and the tax implications for those whose stay in India got extended due to the coronavirus lockdown. In a circular, the Central Board of Direct Taxes (CBDT) said it would exclude the period of stay of such people up to the date of normalisation of international flight operations and their departures from India while determining the residency status. The board’s decision comes after it considered various representations received from people who had to prolong their stay in India due to the lockdown and suspension of international flights. They had expressed concerns that they would be required to file tax returns as Indian residents under Section 6 of the Income-Tax Act, the CBDT said in a statement. For FY 2019-2020, the board said it would discount the days from March 22, when international flights were suspended, till March 31 where an individual had not been able to leave India. In a case where an individual who has been quarantined in India on or after March 1, and has departed on an evacuation flight on or before March 31, or has been unable to leave India, the period of stay from the beginning of quarantine to the date of departure, or March 31, shall not be taken into account. In a case where an individual has departed on an evacuation flight on or before March 31, his period of stay in India from March 22 till the date of departure shall not be taken into account.
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India is a vast country and a mystery to most. Those who live in it, those who now live outside of India or those who are just visiting. We, at NRIClub™, serve as a centralized hub of information for the residents, non-residents and travellers who are not familiar with various aspects of this great country.
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