Nri
This query is : Resolved
chaman kumar Gupta
(Querist)
23 January 2013
A PERSON GOES OUT OF INDIA FIRST TIME AND HE RESIDES MORE THAN 182 DAYS OUT OF INDIA.
WHETHER HE WILL BE NRI.
WHETHER HE CAN BRING ENTIRE AMOUNT EARNED OUT OF INDIA DURING THE FINANCIAL YEAR AS 182 DAYS COMPLETES ON 20TH MARCH.
WHETHER HE WILL BE NRI.
WHETHER HE CAN BRING ENTIRE AMOUNT EARNED OUT OF INDIA DURING THE FINANCIAL YEAR AS 182 DAYS COMPLETES ON 20TH MARCH.
CA PARAS BAFNA
(Expert)
23 January 2013
Yes, if he is working out of India, it is deemed that he has gone for an employment outside India, and as such he will be treated as an NRI. He can bring the amount.
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