Resident opc

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166 Points Posted on 22 April 2021
in order to become member/resident of opc he must be resident.
so we have to consider either 182 days of preceding calendar year or financial year?
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On 22 April 2021 at 10:08 Report
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Quick Summary
To become a member or resident of an OPC, an individual must meet residency criteria. The key question is whether the 182-day stay requirement refers to the preceding calendar year or the financial year. The discussion clarifies that the relevant period is the immediately preceding Financial Year.

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Chartered Accountant
24588 Points Posted on 22 April 2021
Yes, for being Resident the person should be atleast in India for 182 days in the preceding previous year
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On 22 April 2021 at 10:39
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166 Points Posted on 22 April 2021
Yeah but that previous year is calendar year or financial year?
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On 22 April 2021 at 10:45
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student
116 Points Posted on 22 April 2021
Immediately preceding Financial Year
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On 22 April 2021 at 11:51
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Chartered Accountant
24588 Points Posted on 22 April 2021
Financial year
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On 22 April 2021 at 12:10

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