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RESIDENTIAL STATUS

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28 January 2009 Once a person is resident for a source of income in a particular P/Y he shall be deemed to be resiedent for all other sources of income in the P/Y
This is correct or not.
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CA R N Mohil

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CA R N Mohil (Expert)
28 January 2009 Under the Income tax act , First We need to find out the residential status of the assessee then the the taxablity of the income under the varoius head is determined.
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