Section 6
This query is : Resolved
16 June 2014
in sec 6 after satisfying basic conditions, two additional conditions are there. in first condition it is written that resident in india in at least 2out of 10 year immediately preceding p.y.
in this how i interpret 2 out of 10 year (where it is 2 f.y. or 2 calendar year or if stay in india 182 days in four year)
16 June 2014
It means that the person shall be resident for atleast 2 years out 10 previous years and it has nothing to do with calender year. The residential status of the previous 10 financial years have to be taken into consideration which will be determined as per Sec. 6(1).
16 June 2014
previous year means financial year
at least 2 F Y our of last 10 F Y .
at least 2 F Y our of last 10 F Y .
16 June 2014
fy means frm april to march....................
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Rental income of jointly held property
- ITR-3 File/Error Found
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
