A tax residency certificate (TRC) in India serves as a crucial document for individuals and entities to establish their residency status for tax purposes.

It is issued by the Income Tax Department and is essential for availing benefits under double taxation avoidance agreements (DTAA) with other countries.

By obtaining a TRC, taxpayers can mitigate the risk of being taxed in multiple jurisdictions, thereby optimizing their tax liabilities.

This certificate not only clarifies tax obligations but also ensures eligibility for certain deductions and exemptions.

Understanding the nuances of a TRC is vital for effective tax planning and compliance. - https://indiafocusguide.com/blog/tax-residency-certificate-india/?unique_id_v4k98d5l

Navigating Tax Residency Certificates in India: Understanding Your Obligations and Benefits