CBDT issues clarification on the new provision in Finance Bill 2020

Central Board of Direct Taxes has said that The Finance Bill, 2020 has proposed that an Indian citizen shall be deemed to be resident in India if he or she is not liable to be taxed in any country or jurisdiction.  It said that the new provision in Finance Bill, 2020 is not intended to include in tax net those Indian citizens who are bonafide workers in other countries.  CBDT issued a clarification on the new provision pertaining to residence in India saying this is an anti-abuse provision since...