29 October 2024
If an Indian citizen lives in Nepal, whether employed or not, would he be considered an NRI (Non-Resident Indian) under A) FEMA B) ITA (Income Tax Act) C) BOTH FEMA and ITA D) NEITHER FEMA NOR ITA
30 October 2024
Thank you for clarifying. Does it matter for the residential status under FEMA or ITA whether the Indian citizen who lives in Nepal is employed or not?
CAclubindia
