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Supreme Court Issues Notice in Plea Seeking To Maintain NRI Status For 2020-21 FY For Purpose Of Taxation Under IT Act

Supreme Court Issues Notice in Plea Seeking To Maintain NRI Status For 2020-21 FY For Purpose Of Taxation Under IT Act
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Double taxation sword hangs over NRIs heads, SC relief to be sought again

Double taxation sword hangs over NRIs heads, SC relief to be sought again Double taxation sword hangs over NRIs heads, SC relief to be sought again Sugata Ghosh | ET Bureau | Updated: Mar 6, 2021, 15:33 IST Highlights NRIs stuck in India were hoping for a relief from govt CBDT simply assured there would be no “double taxation” This has no consequence for NRIs from Gulf where there is no income tax Baid, who works in Dubai, would either move a fresh petition or file an application challenging the recent com.Read More (This story originally appeared in on Mar 5, 2021) Gaurav Baid, the 27-year old NRI chartered accountant, whose writ petition before the Supreme Court triggered a reaction from India’s direct tax authority, will once again knock at the court’s door. Baid, who works in Dubai, would either move a fresh petition or file an application challenging the recent communiqué from the Central Board of Direct Taxes (CBDT) which gave no relief to NRIs who, havi

Double taxation sword hangs over NRIs head, seek SC relief

CBDT note to face fresh Supreme Court challenge from NRI SECTIONS Share NRIs stuck in India were hoping for a relief from govt CBDT simply assured there would be no “double taxation” This has no consequence for NRIs from Gulf where there is no income tax Gaurav Baid, the 27-year old NRI chartered accountant, whose writ petition before the Supreme Court triggered a reaction from India’s direct tax authority, will once again knock at the court’s door. Baid, who works in Dubai, would either move a fresh petition or file an application challenging the recent communiqué from the Central Board of Direct Taxes (CBDT) which gave no relief to NRIs who, having overstayed in India due to the pandemic, now fear that their overseas earnings would be taxed by the Indian government.

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