An individual would be resident in India if he stays for 182 days or more in India during the previous year or if he stays for 60 days during the previous year and 365 days in the 4 years preceding previous year. If an individual fails to satisfy the above conditions, he will be considered as a non-resident in India
In the above context, what would be tax liability in the following case-
- a Indian person working outside India
- having foreign income of Rs 1 crore or above
- pays income tax in that foreign country and
- income in India is less than Rs 5 lakh
- and visits India for about 80 days during PY 2024-25 and more than 365 days in the last four PYs.
What would be the tax liability?
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Tax liabilty for a Indian person stay abroad earning salary in foreign country and paying tax as per