Say a person was in India for 162 days during the P.Y. 2011-12, hence his residential status for the year is:Resident in the A.Y.2012-13. Now, this person was a non-resident for 2 years consecutively in the 10 years immediately preceding the P.Y. 2011-12. So, what would be his residential status in the A.Y. 2012-13? Resident and Ordinarily Resident OR Resident and Not Ordinarily Resident and why[Reasons]?
Menu
Residential status practical query
Replies (2)
As u said person is in India for 162 days in previous year 2011-2012
So he can't be a resident of India at first for A.y 2012-2013.
As conditions to be resident are
1) A person has been in India for atleast 182 days during P.Y
or
2) has been in INDIA For atleast 365 days in P.Y and has been in India for atleas 60 days during P.Y
| Originally posted by : Happiness of Helping | ||
 |
As u said person is in India for 162 days in previous year 2011-2012 So he can't be a resident of India at first for A.y 2012-2013. As conditions to be resident are 1) A person has been in India for atleast 182 days during P.Y or 2) has been in INDIA For atleast 365 days in P.Y and has been in India for atleas 60 days during P.Y |
 |
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
