PRI or PROI

Final 534 views 3 replies
~Ram was in india for >182 days in 2010-2011.
~In 2011-12 on 30 june2011 left india and moved to abroad for employment purpose .

What is the residential status for the yr 2011-12. ( i.e. from april 2011 to 30 june 2011
and from july 2011 to march 2012)

as per FEMA.
Replies (3)
proi only for whole year
ICAI PM says cease to be PRI from 30june2011.. and PROI for whole yr.

AND Munish Bhandari sir says PRI upto 30june 2011 and aftr tht PROI.

wt is the correct answr?
Pm consists of mistakes.


CCI Pro

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