Residential Status For NRIs
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Residential Status for NRI
The concept of residential status, as defined by the Income Tax Act of India, is distinct from an individual's citizenship. An Indian citizen may be classified as a non-resident for a given financial year, while a foreign citizen might be considered a resident of India for tax purposes during that same period. At K K Reddy & Associates, we provide expert services to assist with obtaining and managing Tax Residency Certificates (TRCs), ensuring compliance with tax regulations and addressing double taxation challenges effectively.
