Purpose of Form 10F
- Non-resident individuals including foreign companies have an option to claim relief from double taxation under the DTAA between India and their home country, on income earned in India.
- In India, non-residents must furnish the Tax Residency Certificate (TRC) along with Form 10F, which needs to be filed online through the Income Tax portal.
- The TRC serves as the official proof of residency for the Indian Income Tax Authorities. It is mandatory for the non-residents to obtain this certificate from their respective home countries.
By utilizing our expertise, clients will ensure compliance with the requirements of Form 61A thereby effectively managing their reporting obligations and maintaining transparency in their financial transactions.