Individual Taxation – India & the UK
– By CA Vivek Newatia
– By CS Shreya Jain
A general confusion exists between citizenship and residential status of an individual. In fact, there are instances wherein both the terms are used alternatively. However, citizenship and residential status are two independent concepts.
In this write-up, the authors have, to the best of efforts detailed out the difference amongst the two and simultaneously analysed the taxation status of an individual in the UK and India.