60 days significance in defining a resident
This query is : Resolved
02 February 2025
An Indian working & paying Income Tax in Singapore for last two years but visits India for more than 60 days then he becomes a Resident for IT purposes.
1. What is the significance of 60 days rule?
2. What would be benefit/disadvantage if he visit less or more than 60 days?
1. What is the significance of 60 days rule?
2. What would be benefit/disadvantage if he visit less or more than 60 days?
02 February 2025
60 days rule not applicable for person going for employment outside India.
In case you are an Indian citizen, and you leave India for employment outside of India, or as a member of the crew on an Indian ship, your status will be a Non-Resident Indian (NRI) if you stay in India in the previous year for less than 182 days. Thus, if you are an Indian citizen and you live outside India for 182 days or above, you will be an NRI.
In case you are an Indian citizen, and you leave India for employment outside of India, or as a member of the crew on an Indian ship, your status will be a Non-Resident Indian (NRI) if you stay in India in the previous year for less than 182 days. Thus, if you are an Indian citizen and you live outside India for 182 days or above, you will be an NRI.
02 February 2025
Thanks sir! if you may support your opinion with IT Act section/ IT Act Rule position.
But reply to first question awaited as to how and in whose case 60 days rule will be applicable.
But reply to first question awaited as to how and in whose case 60 days rule will be applicable.
02 February 2025
Refer section 6 of the income tax act.
60 days rule applies to person's other than employment
60 days rule applies to person's other than employment
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