04 April 2020
A resident taxpayer can file an application in Form 10FA to the Jurisdictional Assessing Officer (‘AO’) for obtaining a TRC in India. The following particulars would need to be furnished in the prescribed Form 10FA: (i) Full Name and address of the assessee (ii) Status (state whether individual, Hindu undivided family, firm, body of individuals, company etc) (iii)Nationality (in case of individual) (iv)Country of incorporation/registration (v) Address of the assessee during the period for which TRC is desired (vi)Email ID (vii) Permanent Account Number/Tax Deduction Account Number (if applicable) (viii) Basis on which the status of being resident in India is claimed (ix)Period for which the TRC is applicable (x) Purpose of obtaining TRC (xi)Any other detail The application form along with supporting documents with respect to above details has to be submitted to the AO.
AO on receipt of the application and on being satisfied of the particulars contained therein, should issue the TRC to the resident assessee in Form 10FB.