Resident Status for Tax Purpose


This query is : Resolved 

Quick Summary
This discussion clarifies the tax residency status for an individual who spent 52 days in India and the rest of the financial year 2021-22 in Europe without working. The consensus is that this individual qualifies as a non-resident for tax purposes in FY21-22. Guidance is provided on how to handle tax filing, specifically regarding entering information for non-residents and reporting Long Term Capital Gains (LTCG) from Equity Mutual Funds.

30 June 2022 My Daughter stayed in India for 52 days and rest outside India in FY 2021-22. He got married and gone to Europe, though she is not working there. Does this make her status Non-Resident in FY2021-22 for tax filing purpose?

30 June 2022 Yes, she is non resident in FY 2021-22.

01 July 2022 OK.
1) She is in France and was not working /earning in 2021-22 and hence does not have a Tax Id No in the country - what is to be entered in this item while mention status as Non-Resident?
2) In 2021-22 a Equity MF was sold giving some LTCG - in which schedule will the details of LTCG be entered - 112A or 115AD ?

01 July 2022 1 Mention as non resident. Enter insurance ID of France.
2 Enter in 112A.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details