Residential status

This query is : Resolved 

31 August 2013 How residential status is determined under companies act 1956 for filing DIN application?? is it same like Income Tax act??

31 August 2013 Hi

Yes, residential status will be defined as per IT Act, 1961.

31 August 2013 But why it is as per IT act only, In FEMA also it is defined .

31 August 2013 Hi

FEMA is applicable in 1999 in India but IT Act is applicable from 1961. So they already defined residential status.

31 August 2013 U need to check 182 days for checking the residential status under fema.


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